If you are entering into an ongoing business relationship with one or more other individuals or entities; or if you have any concerns regarding an existing partnership arrangement, we will assist you in evaluating your arrangement, and will draft any agreements, amendments, buy-out agreements or related papers. Even if you are in a small, unincorporated business arrangement with another individual, you should have the terms of your agreement reduced to a writing. 

Some of the essential elements that parties should have included in their partnership agreement are: proportional share of ownership; division of profits, responsibilities of each partner within the business, tax considerations, forms of legal title to partnership assets, and buy-out terms.  Your individual needs will vary, and there is no one size fits all form of a partnership agreement, so you should have all the essential terms applicable to your particular business, tailored to your needs included in a written agreement with your partner(s).