1. Page top
  2. Top navigation
  3. Main navigation
  4. Left-hand-side navigation
  5. Search box
  6. Content area
  7. Page foot
Any book. Anywhere.

Browse category

Book details

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

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

by Bethany Laurence   and   Anthony Mancuso

 eBook, Published by NOLO   (22 June 2010)

Sorry, this book is not available in this region.

Book description

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.

    The CD-ROM that accompanies the printed version of this book includes forms or other tools; in this eBook, you'll find all those documents in the appendix or at the back of the book. Bethany K. 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. Laurence has combined her legal and financial expertise to edit many Nolo small business books over the years. She is the co-author of Business Buyout Agreements: A Step-by-Step Guide for Co-Owners. Before joining Nolo, Laurence worked as an electronic product developer at CCH, Inc. (a division of Wolters Klewer, Inc.), where she created legal online and CD-ROM products. Over the last decade she has been active on the board of directors of several local environmental and educational nonprofit organizations. 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.

    • Version 1.0.0.rc.5.36d800