2006-11-02 17:38:47 · 4 answers · asked by turnpike 1 in Business & Finance ➔ Corporations
Whatever you do, don't do it yourself unless there is very little at stake. It does not matter if you and your partner are perfectly agreeable on all the terms, if there is equity in the business you want to make sure to consult an attorney as well as a tax accountant. Do it by the numbers, it's worth the money. Would you do a do it yourself divorce if there was a home and other assets at stake?
2006-11-02 17:57:36 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Exit strategies should always be defined in the initial contracts. Who get what, etc..
If you skipped this part then you can either send notice to quit and forfeit your stake in the partnership, or negotiate with your partner and attempt to get them to buy out your stake. A lawyer is crucial if you want to walk away with anything.
2006-11-03 01:43:49 · answer #2 · answered by Octal040 4 · 0⤊ 0⤋
Send a notice to quit, copy to all concerned parties.
2006-11-03 01:40:11 · answer #3 · answered by Faerie loue 5 · 0⤊ 0⤋
By issuing a notice. The notice period depends in which country you reside
2006-11-03 01:43:30 · answer #4 · answered by rams 4 · 0⤊ 0⤋