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Official - Business Buyout Agreements

About The In short, it rsquo;s essential that you create a simple but effective ldquo;prenuptial agreement rdquo; for your company with a buyout agreement (buy-sell agreement). This document clarifies: when you or your co-owners can sell ownership interests the circumstances requiring an owner to sell (personal bankruptcy, for example) how much departing owners can ask for their shares, and how long continuing owners have to pay the former owner

This document clarifies: when you or your co-owners can sell ownership interests the circumstances requiring an owner to sell (personal bankruptcy, for example) how much departing owners can ask for their shares, and how long continuing owners have to pay the former owner. Or what happens to your company if one co-owner wants to retire, files for bankruptcy, or goes through a divorce? Unless you plan in advance, it could threaten the survival of your business. rdquo; mdash;Los Angeles Times What happens when you rsquo;re ready to move on? Business Buyout Agreements walks you through the creation of your own legal agreement mdash;before issues come up and cause problems. It happens to any business that rsquo;s owned by more than one person: Sooner or later, one or more owners will want or need to leave the business. You rsquo;ll have a clear, fair agreement mdash;and peace of mind. It provides all the tax and legal information you need at every step, such as how to structure the agreement to avoid estate taxes. In short, it rsquo;s essential that you create a simple but effective ldquo;prenuptial agreement rdquo; for your company with a buyout agreement (buy-sell agreement). ldquo;Business Buyout Agreements takes you through it, step by step hellip; rdquo; mdash;Accounting Today ldquo;Nolo is a pioneer in both consumer and business self-help books and software.

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Official - Business Buyout Agreements

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