Free Buy-Sell Agreement Review

Backed by Microsoft For Startups
Guided by Grayver Law Group
AES-256 Encryption
Personal (PII) & Corporate Data Redacted Before AI
Free during early access

Review your buy-sell agreement before signing. Fast, expert identification of valuation method issues, trigger event gaps, and funding mechanism problems.

Free and no sign-up required.

Get Your Free Document Review

Federal only

Your data is protected at every layer

No file selected

Protected by reCAPTCHA. Privacy · Terms

Guest uploads are automatically deleted within 24 hours

Key Takeaways

Ensure valuation methods are fair and clearly defined

Review all trigger events including death, disability, and departure

Verify adequate funding mechanisms (insurance, installment, etc.)

Understand restrictions on transfers to outsiders

1-2 minutes*

Average Review Time

175+ compliance points analyzed*

Compliance Checks

Bank-level AES-256 encryption

Document Security

* Estimates based on typical documents. Actual results vary by document type and complexity.

Justee's buy-sell agreement review tool analyzes business succession contracts for valuation method fairness, trigger event completeness, funding mechanism adequacy, and transfer restriction reasonableness. The AI identifies risks including outdated valuation formulas, missing trigger events, inadequate insurance funding, and unclear payment terms. Justee provides suggested revisions based on business succession planning best practices. Buy-sell agreements are contracts that govern what happens to business ownership when an owner dies, becomes disabled, retires, or otherwise departs. They prevent disputes, ensure business continuity, and provide liquidity for departing owners or their estates. Common issues include valuation methods that become unfair over time, insufficient life insurance funding, and missing trigger events for divorce or bankruptcy.

How It Works

1

Upload Your Document

Upload your contract in PDF, DOCX, or TXT format

2

AI Analysis

Our AI reviews your document for compliance issues

3

Review Findings

Get detailed findings with risk ratings and legal citations

4

Take Action

Use our suggestions to improve your document

What We Check

Review valuation methods and formulas

Analyze trigger events coverage

Check funding mechanisms

Evaluate payment terms

Identify transfer restrictions

Common Risks We Identify

Outdated valuation formulas

Missing trigger events

Inadequate insurance funding

Unclear payment terms

No provisions for disability

Hypothetical Case Study by Justee

Justee recently analyzed their buy-sell agreement for succession planning for two partners in an established dental practice in Tampa, FL.

Issue Found: The agreement used a fixed book value formula from 2018 that significantly undervalued the practice, meaning a departing partner would receive far less than fair market value.

Justee Recommendation: We recommended replacing the fixed formula with mandatory appraisal by a healthcare business valuator, with costs split equally and binding on both parties.

Outdated Valuation Formula

Problematic Language

"The purchase price shall be equal to the book value of the departing Partner's interest as shown on the most recent year-end financial statements."

Recommended Language

"The purchase price shall be determined by an independent appraiser with healthcare practice valuation experience, selected by mutual agreement or, failing agreement, by the American Institute of CPAs referral service. The appraisal shall consider fair market value including goodwill."

Why it matters: Book value formulas often drastically undervalue service businesses because they ignore goodwill, patient relationships, and earnings potential.

No credit card required

"Justee is redefining the legal document compliance process across all practice areas, transforming hours of work into minutes, while reducing stress and boosting accuracy."

Artem Dolukhanyan
Artem Dolukhanyan

Partner, Corporate Transactions at Grayver Law Group

AI Review vs. Manual Review

FeatureJustee AI ReviewManual Review
Review Time2-5 minutes2-4 hours
CostFree trial available$150-500+
Legal CitationsAutomaticVaries by reviewer
Clause SuggestionsIncludedExtra fee
Availability24/7 instantBusiness hours
* Comparison data represents estimates based on industry research and internal testing for typical contract types. Review times, costs, and accuracy percentages vary by document complexity, length, jurisdiction, and specific legal requirements. See full disclaimer below.

Official Resources

IRS Business Valuation

IRS guidance on business valuation

SBA Succession Planning

SBA business succession resources

IRS Business Valuation

Tax considerations in business transfers

Important Legal Disclaimer

Not Legal Advice: The information and analysis provided by Justee AI is for general informational purposes only and does not constitute legal advice. While we strive to provide accurate and helpful information, our AI-powered service is not a substitute for professional legal counsel.

No Attorney-Client Relationship: Use of Justee AI does not create an attorney-client relationship. Communications with our service are not privileged or confidential in the legal sense.

Consult a Professional: For specific legal matters, we strongly recommend consulting with a qualified attorney licensed in your jurisdiction. Legal requirements vary by location and circumstances, and only a licensed attorney can provide advice tailored to your specific situation.

Performance Estimates (*): All statistics, metrics, and numerical claims on this page — including review times, cost comparisons, accuracy percentages, and database size — are estimates based on internal testing, industry research, and typical use cases. Actual results vary based on document type, complexity, length, jurisdiction, and other factors. Cost comparisons reference publicly available average attorney rates and are not guaranteed savings. "1M+ laws and regulations" refers to the breadth of Justee's reference database and does not imply that every provision is checked against every law for every document.

By using our service, you acknowledge that you have read and agree to our Terms of Use and understand the limitations of AI-powered legal analysis. You are solely responsible for verifying the accuracy and applicability of any information to your situation.

Buy-Sell Agreement Review FAQ

A buy-sell agreement establishes what happens to ownership interests when an owner dies, retires, becomes disabled, or otherwise leaves the business.

Common methods include formula-based valuation, periodic appraisals, and agreed values. Justee identifies which method your agreement uses and potential issues.

Typical triggers include death, disability, retirement, termination of employment, bankruptcy, and divorce. Justee identifies missing trigger events.

Common funding includes life insurance, disability insurance, company reserves, or installment payments. Justee reviews funding adequacy.

Main types are cross-purchase (owners buy from each other), redemption (company buys back shares), and hybrid arrangements combining both.

Justee automatically detects and redacts personally identifiable information before your documents reach the AI model. Protected types include:

Personal data:
  • Names, email addresses, and phone numbers
  • Social Security numbers and tax identifiers (ITIN)
  • Physical addresses and dates of birth
  • Credit card and bank account numbers
  • Driver's license and passport numbers
  • Medical provider identifiers (NPI) and case numbers
Corporate and business data:
  • Company and organization names
  • Business addresses and geographic locations
  • SWIFT/BIC codes, IBAN numbers, and bank routing numbers
  • Business license numbers and attorney bar IDs
  • Corporate tax identifiers (EIN)
Our system achieves 100% detection of standard PII types and approximately 97% overall coverage. Certain rare identifiers — such as cryptocurrency wallet addresses and MAC addresses — may not be detected automatically. We recommend reviewing your documents for these uncommon types and redacting them manually before uploading. See our Privacy Policy and Terms of Use for details and limitations.

Ready to Review Your Document?

Upload your document above to get started. No sign-up required.

Need more reviews? Create a free account

Last updated: May 13, 2026

Privacy

Follow us

LinkedIn

logo

© 2026 Justee. All rights reserved.