is the firm’s life insurance up to date? probably not.
by marc rosenberg
it’s a tough question, but one that must be asked: in the event of a partner’s death, does the firm wish to accelerate the buyout?
more: when votes must be taken, what are the options? | why voting isn’t such a big deal | what’s in a (firm) name? | protect your business with a solid partner agreement
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there are two ways to do so: accelerate vesting or accelerate the payment schedule.