Buy-Sell Agreements for Closely Held and Family Business Owners

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Source: Mercer Capital
Chris Mercer, CFA

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Summary

Buy-sell agreements designed for private business owners to create a market and set a price for their ownership interests in the case of certain events often do not function as intended. This book highlights the central elements, including valuation processes, of a buy-sell agreement and offers advice on how to avoid the common pitfalls associated with constructing them.

A sample of the Preface and Chapter 17 of Buy-Sell Agreements for Closely Held and Family Business Owners have been made available to CFA Institute. Chapter 17 summarizes the ideal buy-sell agreement for the owner of a family business wishing establish how ownership will change hands in the event something happens to the owners in the context of a single business valuation appraisal. It also outlines a process by which this is accomplished and when it is most appropriate.

The Continuing Education recommendation of five hours applies to the complete book, which is available online through the publisher.

Topics
Equity Investments
    :
  • Equity Market Valuation and Return Analysis
  • ·
  • Fundamental Analysis (Sector, Industry, Company) and the Valuation of Individual Equity Securities
|
Private Wealth Management
    :
  • Risk Management
  • ·
  • Wealth Transfer and Estate Planning
Credits · About the CE Program
5 CE (including 0 SER) Manage CE Credits

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