Business

Written by: Starkweather & Shepley Insurance and Pannone Lopes Devereaux & O’Gara LLC

Attention small and medium business owners! A recent federal court decision in the Eighth Circuit, Connelly v. United States (“Connelly”), which will soon be heard by the Supreme Court, should trigger reviews of your business succession plans, including your operating agreements, key man insurance policies, and buy-sell agreements, both in the corporate context, as well as within the estate plan of each key shareholder or member. Starkweather & Shepley Insurance and Pannone Lopes Devereaux & O’Gara LLC have co-authored this Advisory to offer small and medium business owners key insights and recommendations from both a legal and insurance perspective.

For more information, please download the full whitepaper.