Buy-Sell Agreement.
Buy-Sell Agreement defining what happens when a member dies, divorces, becomes disabled, or wants to exit.
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This is a template, not legal advice. Templates work for many situations. Complex matters or jurisdiction-specific issues warrant attorney review.
Find an attorney →Right for these situations.
Want clear exit terms.
Ex-spouses, creditors, estate beneficiaries.
For interests being transferred.
Or one with health issues.
What to avoid.
Exits become litigation.
Surviving owners may not be able to pay.
Fixed prices should be reset.
Define explicitly.
Common questions.
Cross-purchase vs entity-purchase?
How is price determined?
Life insurance funding?
What about divorce?
You may also need:
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Templates are educational. Specific situations require professional legal advice.
At a glance
- What is it
- Buy-sell agreement template (free) is a regulated business process governed by federal or state agencies. File.Business handles the paperwork, filings, and tracking for you.
- Why it matters
- Doing this correctly the first time avoids penalties, late fees, and personal liability exposure for owners.
- Who needs it
- Any US business that has triggered the relevant requirement - usually based on entity type, state, or business activity.
- When it is due
- Deadlines vary by agency and state. We track your specific dates and remind you ahead of any filing window.
- How it works
- Tell us what you need, review the prepared filing, and we submit through the agency's official channel.
- What it costs
- Pricing is shown on this page with state and federal fees disclosed separately from our service fee.
- Risks of skipping
- Penalties, administrative dissolution, loss of liability shield, blocked transactions, or audit triggers depending on the filing.
- Alternatives
- File directly with the agency yourself, hire a law firm, or use a competing service. File.Business is the fastest premium option.