Many people dream of going into business with friends or family. What's involved in forming a partnership? How does one write a partnership agreement? This helpful book covers all the important partnership issues such · Financial and tax liabilities · Contributions of cash, property or services · Expanding a partnership to include others · Buyout agreements · Valuing assets Readers can take advantage of the standard partnership clauses provided or create their own customized agreement. All the forms for creating a partnership agreement are provided, both on CD-ROM and as tear-outs.
Essential reading for anyone considering a partnership in any line of business. Use these Nolo guides to edify yourself about the law, not to disintermediate your lawyer. Your lawyer will thank you for being a more informed client; in turn, you'll benefit from directing legal fees toward high-value-added work that lawyers actually enjoy practicing.