{"id":1716,"date":"2018-02-13T15:51:36","date_gmt":"2018-02-13T15:51:36","guid":{"rendered":"http:\/\/35.227.21.112\/?post_type=stm_service&#038;p=1716"},"modified":"2022-10-19T22:11:14","modified_gmt":"2022-10-20T03:11:14","slug":"business-advisory-buy-sell-agreements","status":"publish","type":"page","link":"https:\/\/lions.financial\/hi\/business-advisory-buy-sell-agreements\/","title":{"rendered":"Buy-Sell Agreements"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"1716\" class=\"elementor elementor-1716\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-63bef43b elementor-section-height-min-height elementor-section-boxed elementor-section-height-default elementor-section-items-middle\" data-id=\"63bef43b\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;shape_divider_bottom&quot;:&quot;triangle-asymmetrical&quot;,&quot;shape_divider_bottom_negative&quot;:&quot;yes&quot;}\">\n\t\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" aria-hidden=\"true\" data-negative=\"true\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 1000 100\" preserveaspectratio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M737.9,94.7L0,0v100h1000V0L737.9,94.7z\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-64e4bf7\" data-id=\"64e4bf7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-47e84ea elementor-widget elementor-widget-heading\" data-id=\"47e84ea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Buy-Sell Agreements<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-60b19ac1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"60b19ac1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wider\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-66 elementor-top-column elementor-element elementor-element-7932e4e0\" data-id=\"7932e4e0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-356dea7c elementor-widget elementor-widget-text-editor\" data-id=\"356dea7c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div style=\"user-select: text; -webkit-user-drag: none; -webkit-tap-highlight-color: transparent; overflow: visible; cursor: text; clear: both; position: relative; direction: ltr; font-family: 'Segoe UI', 'Segoe UI Web', Arial, Verdana, sans-serif; font-size: 17px; font-style: normal; font-weight: 400;\">\n<p>Buy-sell agreements,\u202falso referred to as\u202fBuyout agreements,\u202fare used in many types of business structures, including corporations, limited liability companies, S corporations, limited partnerships, and general partnerships.&nbsp;The buy-sell agreement is the document that spells out how the business&nbsp;is purchased and sold with the solutions to different issues that can arise during a business&nbsp;lifecycle.\u202f<span data-ccp-props=\"{\">&nbsp;<\/span><\/p>\n<p style=\"text-align: center;\"><b>What<\/b><b>&nbsp;Can Lions Financial&nbsp;<\/b><b>Do<\/b><b>&nbsp;<\/b><b>for<\/b><b>&nbsp;You<\/b><b>?<\/b><span data-ccp-props=\"{\">&nbsp;<\/span><\/p>\n<p>A&nbsp;Buy-sell agreement is&nbsp;a contract that enables the remaining owners or heirs, to purchase the business interest of any co-owner who dies, becomes disabled, or retires.\u202fAs an independent, non-captive, fee-based wealth management services firm, we&nbsp;can&nbsp;pinpoint your business\u2019 unique needs and wants.<span data-ccp-props=\"{\"><br><\/span><span style=\"font-size: 18px;\">We implement&nbsp;a&nbsp;four-step SIRE&nbsp;&#8211;&nbsp;Survey, Insight, Recommendation and Execution process to help our clients achieve business success.&nbsp;<\/span><span style=\"font-size: 18px;\" data-ccp-props=\"{\">&nbsp;<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"14\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b>S<\/b>urvey: We study your business before suggesting a plan. We spend time evaluating the different variables of your business to&nbsp;ensure that we have understanding of your goal and objectives.<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"14\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b>I<\/b>nsight:&nbsp;To have a deep insight of&nbsp;your business, complete&nbsp;industry&nbsp;research&nbsp;to&nbsp;identify the unique&nbsp;components that need to be taken into consideration. We review programs available to achieve objectives of the ownership structures and operational&nbsp;management,.&nbsp;<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"14\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b>R<\/b>ecommendation: At this stage, we will tailor a customized strategy to prepare for implementation of your unique business objectives.&nbsp;We work with you to present the viable Buy-Sell Agreements to take into consideration for exit options.<\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"14\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><b>E<\/b>xecution:&nbsp;With a conclusion on the type of Buy-Sell Agreement to implement we work&nbsp;with&nbsp;the&nbsp;legal and tax&nbsp;professionals to implement&nbsp;documentation&nbsp;with company valuation and financial products to fund the agreement.<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<\/ul>\n<p style=\"text-align: center;\"><b>Key Item to Understand in&nbsp;<\/b><b>Buy-Sell Agreements\u202f<\/b><span data-ccp-props=\"{\">&nbsp;<\/span><\/p>\n<p>A buyout agreement does not define the terms of the sale or purchase of a company. A buyout agreement is a contract between the shareholders of a company.<span data-ccp-props=\"{\"><br><\/span><span style=\"font-size: 18px;\">The agreement determines whether a company must buyout a departing shareholder or whether a company has the right to buyout a shareholder when a certain event, such as a shareholder\u2019s death, occurs. A buyout agreement protects shareholders from complications that arise when a shareholder decides to leave a company.&nbsp;<\/span><span style=\"font-size: 18px;\" data-ccp-props=\"{\"><br><\/span><span style=\"font-size: 18px;\">A buyout agreement determines:<\/span><span style=\"font-size: 18px;\" data-ccp-props=\"{\">&nbsp;<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"9\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\">Who can buy a shareholder\u2019s&nbsp;stock?<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"9\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\">Whether the company must buyout the shareholder<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"9\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\">How to measure the value of a shareholder\u2019s interest<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"9\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\">Payment terms for a buyout<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<\/ul>\n<p>A buyout agreement ensures that a company can prohibit an unwanted buyer from gaining an interest in the company and determines how a shareholder can dispose of an ownership interest in a company. Shareholders of a corporation usually include buyout agreements in the\u202farticles of incorporation, the\u202fby-laws, or in a separate written agreement.<span data-ccp-props=\"{\"><br><\/span><span style=\"font-size: 18px;\">There are several different forms of buy-sell agreement:<\/span><span style=\"font-size: 18px;\" data-ccp-props=\"{\">&nbsp;<\/span><\/p>\n<p style=\"text-align: center;\"><b style=\"font-style: inherit;\">Entity Buy-Sell Agreement<\/b><span style=\"font-size: 18px;\" data-ccp-props=\"{\">&nbsp;<\/span><\/p>\n<p>The business itself enters into a written agreement with the owners to purchase the interest of each individual owner. The individual owners agree to sell their respective interests to the business in the event of&nbsp;disability, death, divorce, retirement&nbsp;or departure of a co-owner. This approach may be appropriate if you\u2019re a:\u202f<span data-ccp-props=\"{\">&nbsp;<\/span><\/p>\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"10\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\">Smaller business taxed as a partnership;\u202f<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"10\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\">Business with multiple owners and large age differences, or different ownership percentages among their owners;\u202f<span data-ccp-props=\"{\">&nbsp;<\/span>\u202f<span style=\"font-size: 18px;\" data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<\/ul>\n<p style=\"text-align: center;\"><span data-ccp-props=\"{\">&nbsp;<\/span><b style=\"font-style: inherit;\">Cross-Purchase Buy-Sell Agreement\u202f<\/b><span style=\"font-size: 18px;\" data-ccp-props=\"{\">&nbsp;<\/span><\/p>\n<p>The individual owners agree to purchase the interest of the other owners. Each individual is the owner and beneficiary of a life insurance policy on each of the other owners, and\u202fthe policy proceeds are used to pay the purchase price. This approach may be appropriate if you\u2019re a:\u202f<span data-ccp-props=\"{\">&nbsp;<\/span><\/p>\n<ul>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"10\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\">Business with fewer partners-owners;\u202f<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"10\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\">Business owners who are close in age;\u202f<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<li data-leveltext=\"o\" data-font=\"Courier New\" data-listid=\"10\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\">Business\u202fwith owners who are willing to personally own and pay for the insurance.\u202f<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<\/ul>\n<p style=\"text-align: center;\"><span data-ccp-props=\"{\">&nbsp;<\/span><b style=\"font-style: inherit;\">Buy-Sell Agreement Using Partnership Administration Succession Strategy (PASS)<\/b><span style=\"font-size: 18px;\" data-ccp-props=\"{\">&nbsp;<\/span><\/p>\n<p>Under this arrangement, the individual owners form a separate partnership, and the partnership acquires insurance policies on all the owners and administers the provisions of the buy-sell agreement.&nbsp;<span data-ccp-props=\"{\">&nbsp;<\/span><span style=\"font-size: 18px;\">A buy-sell agreement is the foundation of a business succession plan, but you have to know where the money will come from or the plan can\u2019t be implemented. There are only a couple of ways to fund a buy-sell agreement:\u202f<\/span><span style=\"font-size: 18px;\" data-ccp-props=\"{\">&nbsp;<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"8\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b>Investment Capital<\/b>. Unfortunately, cash is not always available when you need it most and depending on your business, you may need&nbsp;bring an outside investment to buy out a partner.\u202f<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"8\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b>Sinking fund<\/b>.\u202f&nbsp;With this method, you set aside funds for the eventual&nbsp;purchase of the business.<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"8\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b>&nbsp;&nbsp;<\/b><b>Borrowed funds or installment note<\/b>.\u202f&nbsp;The business can get financing from the&nbsp;bank to borrow the funds to purchase the\u202fbusiness&nbsp;or create an installment sale for a gradual payment over fixed&nbsp;period of time&nbsp;for the sale.\u202f\u202f<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"8\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b>I<\/b><b>nsurance<\/b><b>&nbsp;Financing<\/b>.\u202f&nbsp;For many business owners, insurance&nbsp;is required to mitigate risk for unplanned circumstances that may cause a forced sale of the business shares.&nbsp;&nbsp;<span data-ccp-props=\"{\">&nbsp;<\/span><\/li>\n<\/ul>\n<p style=\"text-align: center;\"><b>What\u2019s next?<\/b>\u202f<span data-ccp-props=\"{\">&nbsp;<\/span><\/p>\n<p>Contact Lions Financial to find a better&nbsp;strategy&nbsp;and holistic plan&nbsp;for&nbsp;your company.&nbsp;Lions&nbsp; Financial helps executives and businesses, together with their tax and legal advisors,&nbsp;to&nbsp;develop the optimal financial solutions for success.\u202f<span style=\"font-size: 18px; font-style: normal; font-weight: 400;\">Contact us&nbsp;for in an initial consultation to determine how we can help your current business need.<\/span><\/p>\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-637c4fa8\" data-id=\"637c4fa8\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e9d69be elementor-widget elementor-widget-heading\" data-id=\"e9d69be\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Share:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0f021d3 elementor-share-buttons--view-icon elementor-grid-tablet-3 elementor-grid-mobile-0 elementor-share-buttons--skin-gradient elementor-share-buttons--shape-square elementor-grid-0 elementor-share-buttons--color-official elementor-widget elementor-widget-share-buttons\" data-id=\"0f021d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid\" role=\"list\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_facebook\" role=\"button\" tabindex=\"0\" aria-label=\"Share on facebook\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-facebook\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\" role=\"button\" tabindex=\"0\" aria-label=\"Share on twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-twitter\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\" role=\"button\" tabindex=\"0\" aria-label=\"Share on linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-linkedin\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_whatsapp\" role=\"button\" tabindex=\"0\" aria-label=\"Share on whatsapp\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-whatsapp\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c596fb4 elementor-widget elementor-widget-spacer\" data-id=\"3c596fb4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-34c9d852 elementor-widget elementor-widget-heading\" data-id=\"34c9d852\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Ingredients:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4f0c360c elementor-align-start elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"4f0c360c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-check\" aria-hidden=\"true\"><\/i>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Management Buyout<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-check\" aria-hidden=\"true\"><\/i>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Leveraged Buyout<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-check\" aria-hidden=\"true\"><\/i>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Employee Buyout<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<i class=\"fa fa-check\" aria-hidden=\"true\"><\/i>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Stub\/Stock Buyout<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c32709 elementor-widget elementor-widget-spacer\" data-id=\"6c32709\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9440a94 elementor-widget elementor-widget-heading\" data-id=\"9440a94\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Services: <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f0dbde elementor-nav-menu--dropdown-tablet elementor-nav-menu__text-align-aside elementor-nav-menu--toggle elementor-nav-menu--burger elementor-widget elementor-widget-nav-menu\" data-id=\"1f0dbde\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;vertical&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;i class=\\&quot;fas fa-caret-down\\&quot; aria-hidden=\\&quot;true\\&quot;&gt;&lt;\\\/i&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;toggle&quot;:&quot;burger&quot;}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-underline e--animation-fade\">\n\t\t\t\t<ul id=\"menu-1-1f0dbde\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2957\"><a href=\"https:\/\/lions.financial\/hi\/contact\/\" class=\"elementor-item menu-link\">Contact Us<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2540\"><a href=\"https:\/\/lions.financial\/hi\/services\/business-plan\/\" class=\"elementor-item menu-link\">Business Plan &#8211; Lions Financial<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2541\"><a href=\"https:\/\/lions.financial\/hi\/business-advisory-buy-sell-agreements\/\" class=\"elementor-item menu-link\">Buy-Sell Agreements<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2542\"><a href=\"https:\/\/lions.financial\/hi\/services\/business-advisory-deferred-compensation\/\" class=\"elementor-item menu-link\">Deferred Compensation<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2543\"><a href=\"https:\/\/lions.financial\/hi\/services\/business-advisory-employee-benefits\/\" class=\"elementor-item menu-link\">Employee Group Benefits<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2544\"><a href=\"https:\/\/lions.financial\/hi\/services\/business-advisory-executive-compensation-tax-strategies\/\" class=\"elementor-item menu-link\">Executive Compensation<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2545\"><a href=\"https:\/\/lions.financial\/hi\/services\/business-advisory-succession-planning\/\" class=\"elementor-item menu-link\">Succession Planning<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2949\"><a href=\"https:\/\/lions.financial\/hi\/services-risk-management\/\" class=\"elementor-item menu-link\">Risk Management Consulting Service<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2947\"><a href=\"https:\/\/lions.financial\/hi\/services-risk-management-premium-financing\/\" class=\"elementor-item menu-link\">Premium Financing<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2948\"><a href=\"https:\/\/lions.financial\/hi\/risk-management-key-person-coverage\/\" class=\"elementor-item menu-link\">Key Person Coverage<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2951\"><a href=\"https:\/\/lions.financial\/hi\/capital-markets\/\" class=\"elementor-item menu-link\">Capital Markets<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2955\"><a href=\"https:\/\/lions.financial\/hi\/services\/capital-markets-mergers-and-acquisitions\/\" class=\"elementor-item menu-link\">Mergers and Acquisitions<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2950\"><a href=\"https:\/\/lions.financial\/hi\/due-diligence-and-valuation\/\" class=\"elementor-item menu-link\">Due Diligence and Valuation<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2956\"><a href=\"https:\/\/lions.financial\/hi\/our-team\/\" class=\"elementor-item menu-link\">Our Team<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2953\"><a href=\"https:\/\/lions.financial\/hi\/insights-professional-alliance-program\/\" class=\"elementor-item menu-link\">Professional Alliance Program<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t<div class=\"elementor-menu-toggle\" role=\"button\" tabindex=\"0\" aria-label=\"Menu Toggle\" aria-expanded=\"false\">\n\t\t\t<i aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--open eicon-menu-bar\"><\/i><i aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--close eicon-close\"><\/i>\t\t<\/div>\n\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-1f0dbde\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2957\"><a href=\"https:\/\/lions.financial\/hi\/contact\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Contact Us<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2540\"><a href=\"https:\/\/lions.financial\/hi\/services\/business-plan\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Business Plan &#8211; Lions Financial<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2541\"><a href=\"https:\/\/lions.financial\/hi\/business-advisory-buy-sell-agreements\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Buy-Sell Agreements<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2542\"><a href=\"https:\/\/lions.financial\/hi\/services\/business-advisory-deferred-compensation\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Deferred Compensation<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2543\"><a href=\"https:\/\/lions.financial\/hi\/services\/business-advisory-employee-benefits\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Employee Group Benefits<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2544\"><a href=\"https:\/\/lions.financial\/hi\/services\/business-advisory-executive-compensation-tax-strategies\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Executive Compensation<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2545\"><a href=\"https:\/\/lions.financial\/hi\/services\/business-advisory-succession-planning\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Succession Planning<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2949\"><a href=\"https:\/\/lions.financial\/hi\/services-risk-management\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Risk Management Consulting Service<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2947\"><a href=\"https:\/\/lions.financial\/hi\/services-risk-management-premium-financing\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Premium Financing<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2948\"><a href=\"https:\/\/lions.financial\/hi\/risk-management-key-person-coverage\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Key Person Coverage<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2951\"><a href=\"https:\/\/lions.financial\/hi\/capital-markets\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Capital Markets<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2955\"><a href=\"https:\/\/lions.financial\/hi\/services\/capital-markets-mergers-and-acquisitions\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Mergers and Acquisitions<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2950\"><a href=\"https:\/\/lions.financial\/hi\/due-diligence-and-valuation\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Due Diligence and Valuation<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2956\"><a href=\"https:\/\/lions.financial\/hi\/our-team\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Our Team<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-2953\"><a href=\"https:\/\/lions.financial\/hi\/insights-professional-alliance-program\/\" class=\"elementor-item menu-link\" tabindex=\"-1\">Professional Alliance Program<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a79a7d2 elementor-widget elementor-widget-spacer\" data-id=\"a79a7d2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Buy-Sell Agreements Buy-sell agreements,\u202falso referred to as\u202fBuyout agreements,\u202fare used in many types of business structures, including corporations, limited liability companies, S corporations, limited partnerships, and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1740,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"content-type":"","site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-1716","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/pages\/1716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/comments?post=1716"}],"version-history":[{"count":9,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/pages\/1716\/revisions"}],"predecessor-version":[{"id":6990,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/pages\/1716\/revisions\/6990"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/media\/1740"}],"wp:attachment":[{"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/media?parent=1716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}