This Special Limited Time Bundle Offer Includes Paul Hood's Webinar Recording:

Is YOUR Buy-Sell Agreement Up to Snuff? Things to Remember in Buy-Sell Agreements - A Special Re-Broadcast

 

Bonus Supplemental Tools Included In Your Registration: Buy-Sell Agreement Review Checklist Buy-Sell Grid Interest Transfer Agreement Short Chart Guide to Interest Transfer Agreement

 

Session 1:  Buy-Sell Building Blocks-Part 1 - 38 minutes: In his first session, Paul introduces the subject and discusses the following topics:

·       Introduction and Overview of Series

·       Definition of buy-sell agreement

·       Basics-View from 30,000 feet

·       Types of Buy-Sell Agreements

·       Purposes of buy-sell agreements

·       Advantages and Disadvantages of buy-sell agreements

·       Alternatives to Buy-Sell Agreements

Session 2: Buy-Sell Building Blocks-Part 2 - 47 minutes: Paul concludes his laying out the necessary building blocks of buy-sell agreements, and in his second session will cover:

·       Considerations in Agreement Form Selection

·       Due Diligence

·       Triggering Events

·       Responses to Triggering Events

·       Related and Ancillary Documents

Session 3: Vexatious Valuation - 44 minutes: Valuation issues lurk in all buy-sell agreements. In many ways, getting the buy-sell procedure right but not the valuation part of the agreement usually results in a failed agreement. Against that backdrop, Paul will cover:

·       Schedule A Ostrich Method

·       The follies of formula valuations

·       The clunky three Appraiser Approach

·       Valuation Process:

o   As of date

o   Standard of value

o   Premise of value

o   Level of value

Session 4: A Potpourri of Unrelated Important Topics - 53 minutes: In the fourth session, Paul covers these topics:

·       Funding/Related Properties

·       Disability

·       S Corporation Issues

·       Ownership Issues

Session 5: Ethical Issues in Buy-Sell Agreements - 41 minutes: A number of ethical issues can arise in the formulation and implementation of a buy-sell agreement. These issues include:

•       Competence to do the work

•       Identification and representation of the client

•       The dangerous specter of conflicts of interest

•       The fees issue

•       Client confidentiality

 
Session 6: The Top 21 Errors that Practitioners Make in Buy-Sell Agreements - 61 minutes: In this sixth session, Paul reviews what he considers the top 21 most common errors that he sees in buy-sell agreements. Some of those errors include:

·       Failure to coordinate

·       Improper selection of type of buy-sell agreement

·       Improper selection of triggering events

·       Mismatch Between Triggering Event and Rights and Obligations that Flow from Triggering Event

·       Divorce deficiencies

 
Session 7 : Five Examples of Buy-Sell Agreements in Action -31 minutes: In session seven, Paul reviews five very common buy-sell agreement scenarios and suggests the drafting clauses that address specific problems and desires of the owners, including the following scenarios:

·       Scenario 1: All owners work in the business where one owner holds and controls a majority of the ownership interests

·       Scenario 2: LLC that operates a real estate rental business; equal owners are merely passive investors

·       Scenario 3: S corporation where equal owners also work in the business

·       Scenario 4: Where One Owner Holds and Controls a Majority of the Ownership Interests

·       Scenario 5: Two Equal Owners Hybrid Wait-and-See Buy-Sell Agreement

 
Session 8: Putting it all together -56 minutes: In this final session, Paul conducts a comprehensive review of the supplemental documents that accompany these webinars, and will review these powerful tools that all registrants will receive:

·       Hybrid buy-sell agreements

·       A buy-sell grid

·       A buy-sell agreement drafting checklist

·       A buy-sell agreement review checklist

·       A short chart guide to the interest transfer agreement