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

Head off disagreements with co-owners
It happens to any business that’s owned by more than one person: Sooner or later, one or more owners will want or need to leave the business. What happens when you’re ready to move on? Or what happens to your company if one co-owner wants to retire, files for bankruptcy, or goes through a divorce? Unless you plan in advance, it could threaten the survival of your business.
In short, it’s essential that you create a simple but effective “prenuptial agreement” for your company with a buyout agreement (buy-sell agreement). This document clarifies:

when you or your co-owners can sell ownership interests

the circumstances requiring an owner to sell (personal bankruptcy, for example)

how much departing owners can ask for their shares, and

how long continuing owners have to pay the former owner.

Business Buyout Agreements walks you through the creation of your own legal agreement—before issues come up and cause problems. It provides all the tax and legal information you need at every step, such as how to structure the agreement to avoid estate taxes. You’ll have a clear, fair agreement—and peace of mind.

With Downloadable Forms Everything you need to create a buy-sell agreement is provided , details inside.

Mục lục

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

Giới thiệu về tác giả

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.