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I hope this docHubes you in good health and in good spirits in the midst of this code at nineteen crisis Ive had a lot of my business owner clients come to me and ask me about business succession planning and one of the first things that comes to mind for them is what happens if myself or one of my partners fellow members and a limited liability company or fellow shareholders in a closely held corporation gets ill passes away or what happens if they just docHub some sort of dispute regarding the value of the company or the value of each others interests and want to go their separate ways well in the absence of extremely costly litigation a buy-sell agreement would be the best way to go and a buy-sell agreement you can think of it as kind of a prenuptial agreement for a business divorce it enables the partners or fellow owners to sit down and negotiate price terms value anything else that you could think of that they could put into a contract and agree upon those in the event somethin