Deschutes Public Library

Business buyout agreements, plan now for all types of business transitions, Attorneys Bethany K. Laurence & Anthony Mancuso

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index present

non fiction

Business buyout agreements

1299378900

Attorneys Bethany K. Laurence & Anthony Mancuso

plan now for all types of business transitions

"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 happens to the company if one co-owner wants to retire, files for bankruptcy, or goes through a divorce? Unless one plans in advance, it could threaten the survival of the business. It's essential that business co-owners create a simple but effective buyout agreement (buy-sell agreement). This document clarifies: when 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. The 8th edition of Business Buyout Agreements walks the reader through the creation of a legal agreement-before issues come up and cause problems. It provides all the tax and legal information needed at every step, such as how to structure the agreement to avoid estate taxes"--, Provided by publisher

An overview of buyout agreements -- Limiting the transfer of ownership interests -- Providing the right to force buyouts -- Structuring buyouts -- Funding buyouts -- How to set the buyout price in your agreement -- Choosing payment terms for buyouts -- Completing and updating your buyout agreement -- Income and estate tax issues -- Lawyers, tax specialists, and resources

Nolo business buyout agreements