Continuation Agreements for Partnerships and Corporations

Southern Financial Services works with partnerships or closely held corporations in structuring an entity agreement. The company itself enters into an agreement with each owner specifying that on the death of an owner the firm will buy and the deceased's estate will sell the business interest of the deceased. Funding methods for these transactions typically involve the use of Life insurance. Southern Financial Services calculates the financial requirement, coordinates the firm carrying policies on each owner and provides the firm as beneficiary.