Most shareholder agreements have a buy-sell provision, and most owners assume that means they’re covered. Far fewer have one that actually triggers cleanly on death, disability, or divorce, as opposed to a straightforward voluntary exit, which is the scenario most templates are built around. That gap sits quietly in the background for years and doesn’t matter until it suddenly does, at which point it’s no longer a clause to review, it’s an active dispute between people who used to be business partners and are now negotiating through lawyers. The fix is not complicated. It just requires someone to actually reread the agreement with these specific scenarios in mind rather than assuming the standard language covers them. If the agreement hasn’t been revisited since it was signed, this is the line worth checking first.
Not sure if yours covers these scenarios? Ask us for a quick review.
