9781413322637-1413322638-Business Buyout Agreements: Plan Now for All Types of Business Transitions

Business Buyout Agreements: Plan Now for All Types of Business Transitions

ISBN-13: 9781413322637
ISBN-10: 1413322638
Edition: Seventh
Author: Anthony Mancuso Attorney, Bethany K. Laurence J.D.
Publication date: 2016
Publisher: NOLO
Format: Paperback 328 pages
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Book details

ISBN-13: 9781413322637
ISBN-10: 1413322638
Edition: Seventh
Author: Anthony Mancuso Attorney, Bethany K. Laurence J.D.
Publication date: 2016
Publisher: NOLO
Format: Paperback 328 pages

Summary

Business Buyout Agreements: Plan Now for All Types of Business Transitions (ISBN-13: 9781413322637 and ISBN-10: 1413322638), written by authors Anthony Mancuso Attorney, Bethany K. Laurence J.D., was published by NOLO in 2016. With an overall rating of 3.7 stars, it's a notable title among other books. You can easily purchase or rent Business Buyout Agreements: Plan Now for All Types of Business Transitions (Paperback, Used) from BooksRun, along with many other new and used books and textbooks. And, if you're looking to sell your copy, our current buyback offer is $0.3.

Description

Head off disagreements with departing co-owners

It happens to any business that’s owned by more than one person: Sooner or later, one or more owners will want or need to leave the business. What will happen 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.

In short, it’s essential that you create a simple but effective “prenuptial agreement” for your company with a buyout agreement (buy-sell agreement). This document clarifies:
  • when co-owners can sell their interests
  • the circumstances requiring an owner to sell (personal bankruptcy, for example)
  • who can buy into the business
  • how much departing owners can ask for their shares, and
  • how long continuing owners have to pay the former owner.
Business Buyout Agreements walks you through the creation of your own legal agreement―before issues come up and cause problems. It provides all the tax and legal information you need at every step, such as how to structure the agreement to avoid estate taxes. You’ll have a clear, fair agreement―and peace of mind.
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