Funding the Buy/Sell. Dealmakers and “allegators” are more creative than I am at funding things. One piece of advice is to carefully monitor the installment agreement and the loan from the bank. Especially the installment agreement. Heirs don’t like to read. They will sign anything and then get buyer’s remorse.
Partial or complete liquidation. Do I even need to describe how much of brouhaha that issue can create? Assume that neither owner wants to let the other get anything more than the minimum. This is one fight that can destroy virtually any company.
Next post: one final piece of advice.