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Courses/Law/Will and Estate Law

Estate Planning: Key Buy-Sell Provisions

Safeguard business continuity & critical estate assets with expert buy-sell agreements. Master key provisions, funding, and tax strategies for seamless shareholder transitions.

Created byPearlette Toussant, Esq.
BeginnerUpdated Jul 15, 2025
Estate Planning: Key Buy-Sell Provisions

What You'll Learn

check_circleIdentify key buy-sell agreement provisions.
check_circleDifferentiate redemption and cross-purchase types.
check_circleAnalyze buy-sell agreement funding options.
check_circleEvaluate tax implications for estate planning.
check_circleApply Connolly case insights to client advice.

About This Course

The "Estate Planning: Key Buy-Sell Provisions" course offers an in-depth exploration of buy-sell agreements, indispensable tools for business succession planning and ensuring corporate continuity. Understanding these agreements is critical for minimizing disputes, facilitating smooth transitions, and navigating complex tax implications upon a shareholder's triggering event.

You will learn about:

  • Defining essential provisions, including party identification, triggering events (death, disability, divorce, bankruptcy), business valuation methods, funding options, payment terms, and dispute resolution mechanisms.
  • Distinguishing between the two primary types of buy-sell agreements: redemption agreements (entity purchase) and cross-purchase agreements, and analyzing their unique complexities, flexibilities, and tax considerations.
  • The profound impact of the landmark Connelly v. United States case on valuation, funding, and the structure of buy-sell agreements, particularly concerning life insurance proceeds and estate tax liabilities.
  • The intricate interplay between buy-sell agreements and broader estate planning strategies, emphasizing how these provisions can significantly affect a shareholder's estate and beneficiaries.
  • Practical considerations for advising clients, including navigating potential conflicts of interest and ensuring comprehensive succession plans that protect both the business and individual shareholder interests.

By completing this course, you will gain the expertise to guide clients through the critical decisions involved in structuring buy-sell agreements that align with their business goals and estate planning objectives, mitigating future challenges effectively.

Your Instructor

Pearlette Toussant, Esq.
Pearlette Toussant, Esq.

Owner | Pearlette V. Toussant PLLC

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I earned a B.A. in philosophy from Reed College (www.reed.edu) in 1996, Reed is often described as the most rigorous college in the nation; after spending a year traveling in the United States, I began studying at University of Pennsylvania Law School (www​.law.upenn.edu) and obtained my J.D. in 2000. I started practicing commercial and franchise litigation with Buchanan Ingersoll, P.C.. At Buchanan, I represented various franchisors (including McDonald's, Rita's Water Ice, Days Inn, and Familymeds, Inc.) in complex litigation matters, defending and prosecuting claims concerning disputes with franchisees. The disputes spanned from breaches of contract, territorial encroachment, covenants not to compete, injunctions, unfair competition, intellectual property protection, labor and employment, licensing, and regulatory compliance. My legal experience in corporate law has served my clients well. In addition to my background in corporate commercial litigation, I have experience in litigating accounting fraud, and securities matters. I gained this experience during my tenure with Barrack, Rodos, & Bacine (www.barrack.com) and while prosecuting In re WorldCom Securities Litigation case, which achieved a record-breaking $6.13 billion recovery for investors. While at Barrack, Rodos, & Bacine, I also served as lead counsel for other class action lawsuits involving securities and antitrust claims. As an associate with Booth & Tucker, I expanded my legal expertise and services to include personal injury litigation, successfully defending a premises liability matter on behalf of Temple University that resulted in a favorable jury trial. Recently, with my firm solely (Law Office of Pearlette V. Toussant LLC), and in association with the law firm of Lyman & Ash (www.lymanash.com), I have litigated matters that concern business disputes, family disputes, trust and estate concerns, constitutional violations, and statutory claims. I also draft transactional documents on behalf of my clients.

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We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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