What will happen with any business that you have ownership in? There are complex rules regarding selling a business or passing it to heirs. We will work closely with your lawyer and accountant to help ensure that your business passes smoothly whether through a Will, or through a buy-sell agreement. A buy–sell agreement, also known as a buyout agreement, is a legally binding agreement between co-owners of a business that governs the situation if a co-owner dies, or is otherwise forced to leave the business, or chooses to leave the business. A complete financial strategy for your business and personal situation can help you effect a smooth and successful transition from your business, whether you are transferring ownership within your family, or otherwise.