Chapter
Planning for the worst in business partnerships and divorces
32:18 - 37:59 (05:40)
The importance of having a solid buy sell agreement in business partnerships to plan for worst case scenarios such as one partner wanting out, and the need to have separate counsel in personal relationships like marriage to avoid conflicts of interest during divorce proceedings.
Clips
In this podcast episode, the importance of having a buy sell agreement in business is discussed, including what it means and how it can help protect partners in a business.
32:18 - 37:59 (05:40)
Business
Summary
In this podcast episode, the importance of having a buy sell agreement in business is discussed, including what it means and how it can help protect partners in a business. The speaker also emphasizes the need for separate counsel in personal relationships and the importance of having a termination clause in contracts.