Today, however, I specifically want to tell you about one document that all such companies should have --- a “Buy-Sell Agreement”. In a nutshell, this document defines when, how, and for how much an owner may sell or has to sell his/or ownership interest in a company.
A common scenario covered by a buy-sell agreement is the death of a married business partners. In such a scenario, unless you have a buy-sell agreement in place, you may be dealing with one or more of the following: The surviving owner will now have to go into business with the widow/er. In most cases, this is a bad idea.
A buy-sell agreement can deal with all of this in advance for $1000.00 and can ensure the smooth transition of ownership. Please share this now or click here now for more information or to hire us! - Yoel Molina,esq. ‘Our only goal is your success’ #bsa, #buysellagreement #moc #businesspartner #businessowners #businesslaw #protectyourretirement #protectyourfamily #protectyourbusiness #Miami, #coral gables, #hialeah, #ftmyers, #palmbeach, #orlando, #tampa,# jacksonville, #businesslawyer, #businessattorney, #miamibeach, #aventura, #corporateattorney, #corporatelawyer, #businessattorney, #contracts, #agreement, #LLC, #corporation, #partners, #businesspartners, #naples
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AuthorYoel “Mo” Molina, I am a lifelong resident of Miami, Fl. I am a graduate of Miami Senior High, Class of 1992, Georgia Institute of Technology, B.S. 1997 and University of Maine School of Law, J.D. 2001. I have been practicing law in Miami Since 2001. I am a former training prosecutor in the Miami-Dade State Attorney’s Office. I have experience in jury trials, appeals, and administrative hearings. I have appeared before judges across the State. My experience ranges from civil litigation matters, collection matters, foreclosure, business and corporate, contracts, real estate, leases and employment matters.. Archives
April 2022
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