What Happens When Your Business Partner Dies? with Ben Corriveau
If your business partner died tomorrow, who would own their shares? If you don't have a funded buy-sell agreement, the answer might surprise you.
Martin Ochwat sits down with Ben Corriveau (Founders Wealth) to break down buy-sell agreements — what they are, the three types, how life insurance funds them, and what actually happens to a business when a partner dies without one.
What's covered:
• What a buy-sell agreement is and why every partnership needs one
• The 3 types: Cross Purchase, Entity Redemption, and Hybrid
• How life insurance funds the agreement (real numbers)
• What happens…
The skinny
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