ESTATE PLANNING COUNCIL OF ST. LOUIS

Title: Is YOUR Buy-Sell Agreement Up to Snuff?: Things to Remember in Buy-Sell Agreements

Date: December 8, 2025

Time: 11:45am - 1:00pm

Location: Saint Louis Club 7676 Forsyth Blvd., Clayton, MO 63105

Speaker: L. Paul Hood, Jr., JD, LL.M. 

About the presentation: This 60-minute session will discuss a panoply of important drafting and implementation issues surrounding buy-sell agreements, including:

• types of buy-sell agreements.
• advantages and disadvantages of buy-sell agreements.
• possible purposes of buy-sell agreements.
• the importance of coordinating the buy-sell agreement with other contracts and agreements.
• the identity of the proper parties to buy-sell agreements.
• triggering event selection.
• detail the variety of possible responses to the occurrence of a triggering event.
• valuation issues in buy-sell agreements.
• buy-sell agreement funding issues.
• issues pertaining to related properties in buy-sell agreements.
• disability issues in buy-sell agreements.
• special S corporation buy-sell agreement issues.
• miscellaneous drafting pointers.
• ethical issues surrounding the buy-sell agreement representation.

CPA's - CPE Credit Note: To be awarded the full credits, you must be responding to three out of the four polling questions asked during the program on ZOOM.

Continuing Education 50 minutes 

EPCSTL has requested approval for continuing education in the following areas: CTFA, CLE, CPE, CFP  

CPE Information for CPAs

The sponsor assures that the program content and program level is appropriate for the intended participants.

Participants will: 

CPE Learning Objectives:

The attendee will:

• Be introduced to and educated about the three types of buy-sell agreements.
• Learn a technique called the “fire drill” to engage and ascertain the current effectiveness of an existing buy-sell agreement and suggested practices to avoid the Bad Buy-Sell Agreement Circle of Life©.
• Become familiar with the basic structure of a buy-sell agreement, including triggering events, responses to triggering events, how interests should be valued, how payments for transferred interests should be structured, handling S corporation issues, and dealing with disability of an owner.
• Become very familiar with the oft-difficult ethical issues arising out of buy-sell agreements. 

The sponsor assures that the program content and program level is appropriate for the intended participants.

Participants will earn 1 CPE credit. 

Field of Study: Specialized Knowledge 

Additional Information:

Delivery Method: Group Live/Group Internet Based

Program Level: Basic

Pre-requisite: NONE 

Who should attend: This presentation is aimed at lawyers, accountants, trust officers and other estate planning professionals?

Refunds and Cancellations: All attendees are required to register in advance.  If you reserve and are unable to attend, please cancel your reservation at least 3 working days in advance of the meeting to receive a refund or a credit for a future meeting. For more information regarding refund, complaint, and/or program cancellation policies please contact our offices at 314-520-3564.

Estate Planning Council of St. Louis is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

National Registry of CPE Sponsors Number 109467

​CTFA

CTFA 1.25 CE credit 

CFP Learning Objectives:

The attendee will:

• Be introduced to and educated about the three types of buy-sell agreements.
• Learn a technique called the “fire drill” to engage and ascertain the current effectiveness of an existing buy-sell agreement and suggested practices to avoid the Bad Buy-Sell Agreement Circle of Life©.
• Become familiar with the basic structure of a buy-sell agreement, including triggering events, responses to triggering events, how interests should be valued, how payments for transferred interests should be structured, handling S corporation issues, and dealing with disability of an owner.
• Become very familiar with the oft-difficult ethical issues arising out of buy-sell agreements. 

About the Speaker:

A frequent contributor to Leimberg Information Services since its inception, Paul is a highly sought after speaker and consultant because of his innate ability to see through the complexity and explain difficult and even boring subjects in understandable and entertaining language and mince no words in doing so. Along the way, Paul’s been a father, husband, uncle, Godfather, lawyer, trustee, member, director, president, partner, trust protector, director of planned giving, quasi-rapper, raconteur, expert witness, agent, professor, judge, juror, respondent and a defendant, and he uses his experience in these myriad roles to guide others.

Attention Grabber:

In Paul’s experience, approximately 90% of the buy-sell agreements that he reviews are significantly deficient. This presentation will delve in-depth into the complex subject of buy-sell agreements, both from the standpoint of evaluating the effectiveness of an existing buy-sell agreement to drafting effective buy-sell agreements.