Business Law Attorney

Business Law Attorney | Saint Charles County

Buy Sell Agreements

Despite the name of this type of contract, a buy sell agreement has very little to do with purchasing or selling a business. While part of a buy sell agreement may, in fact, address the purchase or sale of a business, a buy sell agreement is designed for co-owners or partners of the business.

A better understanding of buy sell agreements is to think of them as buy out agreements. The buy sell agreement is a document that details the process of one partner or co-owner buying out another in an existing business. Buy out agreements cover a wide range of potential scenarios, such as:

  • Death, divorce, and relocation of the partner or co-owner
  • When an owner may sell his/her share of the business
  • How the value of the owner's share is determined
  • Retirement planning
  • Irreconcilable differences between partners or co-owners

An experienced business law attorney can also use a buy sell agreement to address many concerns such as:

  • How personal bankruptcy can affect the business
  • How lawsuits against a co-owner can affect the business
  • Can a former spouse of the co-owner seek ownership

Our experienced business law attorney has drafted many buy sell agreements over his 30 plus years of experience. Contact our law firm today to schedule a FREE Consultation and learn how the appropriate business documents can you save you time, money and even your business!

We provide a FREE 30 minute initial consultation.

Watkins Law Firm, P.C.
O’Fallon Missouri Lawyer

Watkins Law Firm, P.C., located in O’Fallon, Missouri, serves clients throughout Saint Charles County, Saint Louis County, Warren County, Montgomery County and Lincoln County including the communities of O’ Fallon, Wentzville, Lake St. Louis, Saint Charles, Saint Peters, Warrenton, New Melle, Wright City, Innsbrook, Troy, Dardenne Prairie, Foristell, Winfield, Foley, and Elsberry.

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9979 WingHaven Blvd.
Suite 210
O´Fallon, MO 63368
Tel: 636.625.6448
Fax: 636.625.3721
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