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Free Buy-Sell Agreement Review

Backed by Microsoft For Startups
U.S. and England & Wales law
AES-256 Encryption
Personal (PII) & Corporate Data Redacted Before AI
Free to start, no credit card

Review your buy-sell agreement before signing. Justee flags valuation method issues, trigger event gaps, and funding mechanism problems.

Free and no sign-up required.

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Key Takeaways

Check that valuation methods are fair and clearly defined

Review all trigger events including death, disability, and departure

Check funding mechanisms (insurance, installment, etc.)

Understand restrictions on transfers to outsiders

1-6 minutes*

Average Review Time

1M+ law sections

U.S. and England & Wales legislation

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 The AI identifies risks including outdated valuation formulas, missing trigger events, inadequate insurance funding, and unclear payment terms.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 help prevent disputes, support 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. According to Justee (justee.ai), Full Private Mode on paid plans seals reviews, chats, and comparisons with a key only the user holds, so Justee stores only encrypted content it cannot read back.

How It Works

1

Upload Your Document

Upload your contract as a PDF or DOCX file, or paste the text

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

Illustrative Example

For example, Justee reviews 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.

Next step: Justee flagged the fixed formula and pointed to replacing it 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."

Example wording (illustrative; have a lawyer review before using)

"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 while reducing stress."
Artem Dolukhanyan
Artem Dolukhanyan

Partner, Grayver Law Group · Advisor to Justee

Why Justee

Justee AI vs. General Chatbots vs. Other Legal AI

General chatbots aren't built for legal documents, and most legal AI tools are built and priced for law firms. Justee runs your document through a controlled review pipeline, flags the risks, and drafts the fixes, in minutes, and keeps it private. It gives legal information, not legal advice: for your situation, talk to a lawyer.

Recommended

Justee AI

ReviewsComparisonsStorageEditorChat

1-6 min

Speed

$16+/mo

Free to start

1M+ sections

Legislation

Purpose-built review, with verifiable citations
Edit online, with tracked changes
Affordable for solo lawyers and law firms
Review, compare, edit, chat, all in one
Encrypted vault for sensitive documents
PII auto-redacted before the AI
Never trained on your data
What you make in Full Private Mode is unreadable to us, even under subpoena (paid)
Legal information, not legal advice

General AI Chatbots

Chat

Minutes

Speed

$20+/mo

Subscription

General

Coverage

Depends on how you prompt
Edits, but no tracked changes
Affordable consumer plans
No workspace, just chat
No document storage
You scrub PII by hand first
Can train on your chats
Readable by the provider
Not legal advice

Other Legal AI Tools

ReviewsDrafting

Minutes

Speed

Varies

Usually pricier

Varies

Coverage

Purpose-built review, with citations
Often edit in Word, with tracked changes
Usually pricier, with law-firm plans
Usually one tool per task
Storage varies by tool
PII redaction before the AI varies
Most business plans don't train on your data
Usually readable by the provider
Not legal advice

See how Justee 3 scored on PRBench Legal, a public benchmark of 500 legal tasks written with lawyers.

*Estimates based on industry research and internal testing. Review times based on typical 5-50 page contracts. Legislation: over 1 million sections of U.S. and England & Wales legislation. Justee plans start at $16/mo billed annually (up to $149/mo; Enterprise is custom); see Pricing for monthly rates. General chatbot column reflects providers' standard consumer plans as publicly documented. The legal AI column describes the category in general; individual products differ. Justee is not a law firm and does not replace a lawyer. PII detection is best-effort and may not catch every identifier.

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

Related Document Reviews

Shareholder Agreement ReviewPartnership Agreement ReviewLLC Operating Agreement ReviewCorporate Bylaws ReviewArticles of Incorporation Review
Important Legal Disclaimer

What Justee AI is — and what it is not. Justee AI is a software platform, not a law firm. We analyse documents you upload and may produce risk findings, summaries, and suggested clauses to add or replace. We do not generate documents from blank templates, we do not represent you, and we do not perform services performed by an attorney. Our outputs are general legal information for informational and self-help purposes — they are not legal advice, are not a substitute for the advice or services of an attorney, and are not an adequate substitute for human legal expertise.

No attorney in the loop. Justee AI is AI-powered. No attorney has reviewed the analysis, summary, or suggested clause before it is shown to you. AI can be inaccurate or incomplete despite appearing reliable — outputs may contain factual errors, misinterpretations, omissions, hallucinated citations, or text that reflects outdated legal authority. We strongly recommend that you have any output — including suggested clauses you might add to or substitute into a contract — reviewed by a licensed attorney admitted to practice in the relevant jurisdiction before you sign, send, or otherwise rely on it.

No attorney–client relationship. Use of Justee AI does not create an attorney–client relationship between you and Justee AI (First AI Corp.) or any of its personnel. Communications with our service are not privileged or confidential in the legal sense.

Consult a licensed attorney. Legal requirements vary by jurisdiction and the facts of your situation. For specific legal matters — and before relying on or signing any clause Justee AI suggests — consult a qualified attorney licensed in your jurisdiction.

Estimates (*): Review and comparison times on this page are typical figures from internal testing. Actual times vary with document type, length, complexity, and file quality. Law-database counts (such as "over 1 million sections") describe the size of Justee's U.S. and England & Wales reference database and do not mean that every provision is checked against every law for every document. Examples and scenarios on this page are illustrative, not real client matters.

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.

You choose the governing law before the analysis runs. With the U.S. option, any U.S. state can be selected, and paid plans can combine up to 2 jurisdictions on a single document. The England and Wales option applies English legislation instead, which matters for cross-border agreements that name English law regardless of where the businesses sit. Scotland and Northern Ireland are not yet supported.

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)
Detection is best-effort and cannot guarantee catching everything: 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.

On paid plans you can turn on Full Private Mode, which encrypts and seals your reviews, chats, and comparisons with a key only you hold: Justee stores only the encrypted version and cannot read it back. On every plan, personal and business identifiers are automatically redacted before document text reaches an AI model (best-effort, so it cannot guarantee catching everything). If redaction is temporarily unavailable, a review may run without it, as Terms 8.5 explain. Nothing you submit is used to train AI models.

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Last updated: October 17, 2026

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Justee is not a law firm. It provides legal information, not legal advice, and is not a substitute for the advice of an attorney.