Buy-Sell Agreements

Our Atlanta business attorneys draft and review buy-sell agreements for Georgia companies of all sizes. We help protect assets, prevent disputes, and keep your business running smoothly when ownership changes.

Many Georgia business owners plan for growth but overlook what happens when a partner retires, passes away, becomes disabled, or decides to leave the company. Without a clear plan in place, disputes can arise, assets can be tied up, and the future of the business can be put at risk.

A buy-sell agreement (or “buy and sell agreement”) provides structure and protection. It outlines how ownership interests will be handled if a co-owner leaves the business for any reason, whether through retirement, death, disability, divorce, or the decision to sell. By setting the rules in advance, owners can protect the company, its assets, and its long-term stability.

Why a Georgia Buy-Sell Agreement Matters

A well-drafted Georgia buy-sell agreement:

• Protects company assets and ownership rights during unexpected changes

• Provides clear valuation methods to avoid disputes

• Establishes financing terms for buyouts between partners or shareholders

• Controls who can purchase ownership interests if a partner exits

• Helps safeguard the business in cases of divorce or family disputes

How Our Atlanta Business Attorneys Help

At Thrift McLemore, our Atlanta business attorneys have guided companies across Georgia through drafting and executing buy-sell agreements. We ensure agreements reflect the true value of the business and are tailored to your specific needs.

Our attorneys often recommend working with valuation professionals instead of relying only on formulaic methods that may not capture a company’s full worth. We also advise on financing terms for buyouts and help determine who may buy into the company when an owner leaves.

In addition, we evaluate whether supplemental protections, such as life insurance policies, should be put in place to provide funding for buyouts and to reduce the financial strain on remaining owners.

Keep Agreements Current

A buy-sell agreement drafted when the company first forms may not remain effective as the business grows. Leadership changes, new stakeholders join, and evolving financial conditions all require updates. We work with owners to review and revise buy-sell agreements so they continue to reflect the realities of the business.

Our Aim

Our goal is to protect business assets, reduce conflict, and ensure operations continue smoothly when ownership changes occur. With the right buy-sell agreement, you can plan for the future, minimize risks, and avoid costly disputes. Our Atlanta business law attorneys draft agreements that anticipate common challenges, ensuring your company remains strong regardless of the transitions that arise.