Anthony Mancuso & Bethany K. Laurence 
Business Buyout Agreements 
Plan Now for All Types of Business Transitions

Going into business with others means taking some risks. Sooner or later, one or more of the owners will want to exit the business (and it may be you). Unless you plan in advance, protracted arguments over the buyout price, payment plans, and outside buyers can threaten the survival of your business. Without an agreement, co-owners may also jeopardize the business by filing for bankruptcy, pledging their business share as collateral, or losing their share of the business in a divorce.



Business Buyout Agreements walks you through the creation of a buy-sell agreement — a sort of ‘premarital agreement’ for your business — that protects everyone’s interests.


The book includes a fill-in buy-sell agreement that can be tailored for owners of corporations, LLCs, and partnerships.

Содержание

Introduction Your Legal Companion for Creating a Buyout Agreement 1. An Overview of Buyout Agreements 2. Limiting the Transfer of Ownership Interests 3. Providing the Right to Force Buyouts 4. Structuring Buyouts 5. Funding Buyouts 6. How to Set the Buyout Price in Your Agreement 7. Choosing Payment Terms for Buyouts 8. Completing and Updating Your Buyout Agreement 9. Income and Estate Tax Issues 10. Lawyers, Tax Specialists, and Resources Appendixes A. How to Access the Buyout Forms B. Buyout Worksheet C. Buyout Agreement Index

Об авторе

Bethany Laurence joined Nolo as a legal editor in 1997. She holds a law degree from University of California, Hastings College of the Law, a B.A. degree from Boston University (Phi Beta Kappa, magna cum laude), and is a member of the California State Bar. Beth is Nolo’s disability, retirement, and elder law editor. In addition to editing these sections of Nolo’s network of websites, Beth edits the books Nolo’s Guide to Social Security Disability, drawing on work in a legal clinic helping Social Security disability applicants apply for and appeal denials of disability benefits, The Complete IEP Guide: How to Advocate for Your Special Ed Child, California’s Workers’ Comp, and Social Security, Medicare, and Government Pensions.



Beth has also developed Nolo’s online LLC formation application. Over the last decade she has been active on the board of directors of several local environmental and educational nonprofit organizations.