PlainTalk Planning Releases Website for Free Program on Buy-Sell Agreement Planning

Online, June 24, 2012 (Newswire.com) - PlainTalk Planning released today a website for its free business planning program entitled "Buy-Sell Agreements: Design Smart, Protect Yourself, Avoid Mistakes." The program offers a free 71-minute online video presentation and an optional upgrade that provides a supplemental 22-page written memorandum and unlimited access to an online learning quiz. The quiz features 25 multiple-choice questions and instant correct-answer feedback. The program is designed for business owners, professional advisors and students. The program's new website address is www.shareholderbuysellagreements.com. The program is authored and presented by Professor Dwight Drake of the University of Washington School of Law.

"A smart, customized buy-sell agreement is one of the toughest and most important planning challenges faced by closely held businesses," said Drake. "It's the deal between the owners and goes right to the heart of each owner's investment in the enterprise. It's not a one-size-fits-all game. Standard forms are dangerous, costly mistakes are common, and key factors keep changing. Our free video presentation is packed with important planning information and strategic options. And the upgrade written materials and online learning test are great tools for those who want to use the program for training purposes or take the educational experience up a notch."

Professor Drake's planning presentation discusses why so many buy-sell agreements are defective, the importance of establishing and clarifying priorities, the 10 key elements of the agreement, why standard forms don't work, costly design blunders that must be avoided, critical tax considerations, identifying and customizing buyout triggers, and valuation challenges and options. A case study is used throughout the presentation to illustrate key concepts.

The free online presentation can be viewed anywhere, anytime, or multiple times through a computer or any handheld wireless internet access device. There is a $12 charge for the optional upgrade that includes the written memorandum and unlimited access to the online learning quiz.