09/02/2026
Here is a gap many business owners do not discover until it is too late. A buy-sell agreement gives you the right to purchase a deceased partner's share. What it does not do, on its own, is provide the money to actually do it.
Buy-sell agreements work best when they are funded, usually through life insurance on each partner. Without that, you may have the contractual right to buy out your partner's heirs, but none of the cash to execute it. Scrambling for financing while managing a grieving family and a business in transition is not a position anyone wants to be in.
In this post, we break down how Connecticut business owners can close this gap before a crisis forces the conversation. Read the full post to protect what you have built.
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