Welcome back to another episode of the 360 Money Matter Podcast! In today's podcast, we talk about buy/sell arrangements and how business partners can protect their business interests in the event of death or permanent disability. These events could be unpredictable and thus require advanced planning.
With the example of our partnership, we are going to walk you through what the Buy/Sell Agreement is all about, who is involved, what health considerations should be taken in the underwriting of the contract, ownership structures and valuation methodology.
If you are planning to enter into business with someone else or if you are in business with a partner, then this is the episode for you.
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This podcast contains information that is general in nature. It does not take into account the objectives, financial situation, or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. This information is provided by Billy Amiridis & Andrew Nicolaou of 360 Financial Strategists Pty Ltd, authorised representatives and credit representatives of AMP Financial Planning – AFSL 232706
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