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* **Scenario 1: Simple Buyout with Life Insurance:** Partner A and Partner B own a business. They have a death clause with a buy-sell agreement funded by life insurance. Partner A dies unexpectedly. The life insurance policy on Partner A's life pays out to Partner B, who then uses the funds to buy Partner A's share from their estate. Partner B now owns the business outright.
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* ***Travel:*** Pack carefully to minimize wrinkles.
