Every succession plan must have a buy -sell agreement.

Name: Every succession plan must have a buy -sell agreement.
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A succession plan does not necessarily require a buy-sell agreement. Succession planning can involve various strategies for transferring ownership or leadership roles, such as grooming internal candidates or family members, without the need for a buy-sell agreement, which is specifically a legal contract that pre-arranges the sale of interests in a business.

Every Succession Plan Must Have a Buy -Sell Agreement