Business Buyout Agreements: Plan Now for Retirement, Death, Divorce or Owner Disagreements

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9781413311952: Business Buyout Agreements: Plan Now for Retirement, Death, Divorce or Owner Disagreements
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Create a "business prenup" and protect your business if a partner leaves

If you're like many entrepreneurs, being in business means working with one or more co-owners. But what will happen to your company if you or a co-owner:

  • wants out of the business
  • wants to retire
  • goes through personal bankruptcy
  • wants to sell his shares to someone else
  • goes through a divorce
  • or passes away?

    Business Buyout Agreements walks you through the creation of a legal contract -- a sort of "premarital agreement" for your business -- that protects everyone's interests. This book will help you create documents to help ensure a smooth transition following someone's departure. Clarify:

  • when co-owners can sell their interest
  • the circumstances when someone must sell
  • who can buy into the business
  • what price will be paid

    The 5th edition of Business Buyout Agreements is updated to incorporate changes to estate tax law and discounts for small business valuation. Plus, it includes a complete business buyout agreement on CD-ROM.
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    About the Author:

    Anthony Mancuso is a corporations and limited liability company expert. He graduated from Hastings College of Law in San Francisco, is a member of the California State Bar, writes books and software in the fields of corporate and LLC law, and studies advanced business taxation at Golden Gate University in San Francisco. He has also been a consultant for Silicon Valley EDA (Electronic Design Automation) companies, most recently working on a C++ open-source integrated circuit database project team. He is the author of several Nolo books on forming and operating corporations (both profit and nonprofit) and limited liability companies. His titles include Incorporate Your Business, How to Form a Nonprofit Corporation (national and California editions), Form Your Own Limited Liability Company, The Corporate Records Handbook, and LLC or Corporation?. He wrote and programmed Nolo's LLC Maker and Incorporator Pro software programs, which generate state-by-state articles and other forms for organizing corporations and LLCs. His books and software have shown over a quarter of a million businesses and organizations how to form a corporation or LLC. He also is a licensed helicopter pilot and has performed for years as a guitarist in many musical idioms.

    Review:

    "Business Buyout Agreements takes you through it, step by step " (Accounting Today 2007-02-01)

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    Other Popular Editions of the Same Title

    9781413306484: Business Buyout Agreements: A Step-by-Step Guide for Co-Owners

    Featured Edition

    ISBN 10:  1413306489 ISBN 13:  9781413306484
    Publisher: NOLO, 2007
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    9781413301915: Business Buyout Agreements: A Step by Step Guide For Co-Owners

    Nolo, 2005
    Softcover

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    Published by Nolo (2010)
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