FACTS FROM LINCOLN FINANCIAL GROUP ON BUY-SELL AGREEMENTS
Buy-Sell agreements Planning for the succession of your business may be one...
East Coast Financial is aware of the impact the Coronavirus (COVID-19) is having on not only families and businesses, but business partners too, as the number of terminally ill patients have and will continue to increase. Do you have insurance coverage in place if you or your spouse were to pass? Do you or your spouse have a policy in place to cover your the balance of your mortgage and other expenses? Do you own a business with a partner? What if your business partner were to pass without a buy-sell agreement in place, funded with life insurance? You may not have the available funds to cover the purchase of your partners portion of the business. This means a part of the business may go to your partners spouse or children. Insurance coverage is always important to have, whether it’s for your family or your business, not before things go bad, such as a pandemic. We specialize in leveraging insurance and tailoring policies specific to your family and business needs.
Our process is streamlined to be pandemic-friendly, with technology, virtual meetings, and electronic applications. For businesses, we make funding buy/sell agreements super simple. Leveraging experience, a 60+ carrier network of resources and technology, we can fund even the most complex buy/sell agreements without requiring business owners to leave their homes or offices.
Your information is 100% secure and encrypted.
Feel free to review some of our content to help you on your journey!
Buy-Sell agreements Planning for the succession of your business may be one...
East Coast Financial of Central Florida have the retirement planning...
East Coast Financial of Central Florida have the retirement planning...
Your information is 100% secure and encrypted.