Title: Business Buyout Agreements
Authors: Attorneys Bethany Laurence & Anthony Mancuso
Format: Book
Published: 2007
If you're like many entrepreneurs, you're working with one or more co-owners. But what will happen to your company if one of them wants out of the business? Wants to retire? Goes through a divorce? Anything that affects their lives can affect your business.
So it's essential that you create a sort of "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
- who can buy into the business
- how much owners can ask for their shares
Business Buyout Agreements walks you through the creation of your own legal agreement, which is included on CD-ROM. It provides all the tax and legal information you need at every step, such as how to structure the agreement to avoid estate taxes.
The 4th edition is completely updated with the latest in the law.