TT Ep 41 - Tale Of A Partnership Agreement

22/04/2020 30 min
TT Ep 41 - Tale Of A Partnership Agreement

Listen "TT Ep 41 - Tale Of A Partnership Agreement"

Episode Synopsis

If you are entering a partnership, the partnership agreement (or "operating" or "company" agreement) is crucial to what happens in the event of death, disability, disagreement or departure. We call them the 4 D's. In this episode of Transition Talk we discuss some of the bad provisions we have seen in a partnership agreement and discuss why it doesn't matter if you are a buyer or seller in a partnership transition -- the terms of your agreement should protect and benefit you both because you each may find yourself in need of the protection! Listen in and tune in over the next weeks as we dive into partnership agreements and all their intricacies!