Americans with Disabilities Act (ADA): Federal law that prohibits discrimination against individuals with disabilities and may impact how disability is defined and treated in the agreement
Internal Revenue Code: Federal tax provisions governing the treatment of disability benefits, buyout payments, and related tax implications
Employee Retirement Income Security Act (ERISA): Federal law that may apply if the disability buyout agreement is part of an employee benefit plan
State Business Entity Laws: State-specific laws governing corporations, LLCs, and partnerships that affect business ownership transfer requirements
State Insurance Regulations: State-specific rules governing insurance policies, including disability insurance requirements and funding regulations
Tax Treatment Considerations: Specific considerations including capital gains implications, basis adjustments, and insurance premium deductibility
Securities Laws: Federal and state regulations regarding the transfer of business interests that may be considered securities
State Contract Laws: State-specific requirements for contract formation, enforcement, and Uniform Commercial Code provisions
Corporate Governance Rules: Requirements from operating agreements, bylaws, and existing buy-sell agreements that affect the disability buyout
HIPAA: Federal healthcare privacy law governing the handling and protection of medical information in disability determinations
State Medical Privacy Laws: State-specific requirements for handling and protecting medical information beyond HIPAA requirements
