Buy-Sell Agreements: Ticking Time Bombs or Reasonable Resolutions?(Brief article)(Book review)

Journal of Accountancy,  August, 2007  by Nilsen, Kim

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Buy-Sell Agreements: Ticking Time Bombs or Reasonable Resolutions? by Z. Christopher Mercer, ASA, CFA Peabody Publishing LP, 2007, 324 pp.

Predicting the future is practically impossible. For businesses, that uncertainty makes planning crucial. Z. Christopher Mercer offers a granular look at one method of applying present tense solutions to future decisions and transitions. Mercer examines the world of buy-sell agreements, which establish a mechanism for the purchase of equity interests following the death of one of the owners of an entity or some other major or adverse change in a ...

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