Plan for the continuation of wealth and control of your business in the event of a tragedy or retirement. Death or disability of an owner may lead to unnecessary delays in day-to-day business operations and create confusion, proper planning need not be difficult or time consuming. You will need to include your accountant, attorney and insurance advisor.

The Buy-Sell Agreement is a legally binding document that sets forth the manner in which the business will be disposed of in the event of retirement, disability or death of the owner(s).

The Business Valuation assures that the retiring owner or heirs, will receive a fair value for the business. This should be updated annually.

Insurance products are not deposits, are not insured by the FDIC or any Federal government agency and are not obligations of or guaranteed by First Niagara Bank or any other member of the First Niagara Financial Group. The obtaining of insurance through any member of the First Niagara Financial Group will not have any bearing on any existing or future transaction or relationship with First Niagara Bank or any other member of the First Niagara Financial Group. Members of the First Niagara Financial Group do not offer tax advice. Please consult a tax advisor.