Pima Arizona Acuerdo de compra-venta de sociedad que fija el valor y requiere la venta por parte del patrimonio de la pareja fallecida al sobreviviente en una sociedad de dos personas en la que cada socio posee el 50 % de la sociedad - Partnership Buy-Sell Agreement Fixing Value and Requiring Sale by Estate of Deceased Partner to Survivor in Two Person Partnership with Each Partner Owning 50% of Partnership

• Category: Alianzas - Compra-Venta
• State: Multi-State
• County: Pima
• Control #: US-13273BG
• Format: Word

Description

A buy-sell agreement is a legally binding contract that stipulates how a partner's share of a business is dealt if that partner dies or otherwise leaves the business. Most often, the buy and sell agreement stipulates that the available share be sold to the remaining partners or to the partnership. Lima Arizona Partnership Buy-Sell Agreement Fixing Value and Requiring Sale by Estate of Deceased Partner to Survivor in Two Person Partnership with Each Partner Owning 50% of Partnership is a legal contract that outlines the terms and conditions regarding the transfer of ownership in a two-person partnership based in Lima, Arizona. This agreement is crucial to ensure a smooth transition and avoid conflicts in the event of the death of one partner. The main purpose of this buy-sell agreement is to establish a predetermined value for the partnership and to mandate the sale of the deceased partner's interest to the surviving partner. By setting a fixed value, it eliminates the need for negotiations and potential disagreement between the partners or their estates. In a two-person partnership, where each partner owns an equal 50% share, there are a few different types of Lima Arizona Partnership Buy-Sell Agreement Fixing Value and Requiring Sale by Estate of Deceased Partner to Survivor that can be implemented. These may include: 1. Cross-purchase agreement: In this type of agreement, each partner agrees to purchase the other partner's interest upon death. The surviving partner becomes the sole owner of the partnership by buying out the deceased partner's estate. 2. Entity redemption agreement: In this scenario, the partnership itself agrees to repurchase the deceased partner's interest using the funds or assets of the partnership. The surviving partner then retains full ownership of the partnership. 3. Wait-and-see agreement: This type of agreement allows flexibility for the surviving partner to decide whether to buy the deceased partner's interest themselves or if the partnership should repurchase it. This decision is typically made based on the financial circumstances at the time of death. It is important to consult with a legal professional to determine the most appropriate type of Lima Arizona Partnership Buy-Sell Agreement Fixing Value and Requiring Sale by Estate of Deceased Partner to Survivor in a Two-Person Partnership, with Each Partner Owning 50% of the Partnership, as it will vary depending on individual circumstances and preferences.

Lima Arizona Partnership Buy-Sell Agreement Fixing Value and Requiring Sale by Estate of Deceased Partner to Survivor in Two Person Partnership with Each Partner Owning 50% of Partnership is a legal contract that outlines the terms and conditions regarding the transfer of ownership in a two-person partnership based in Lima, Arizona. This agreement is crucial to ensure a smooth transition and avoid conflicts in the event of the death of one partner. The main purpose of this buy-sell agreement is to establish a predetermined value for the partnership and to mandate the sale of the deceased partner's interest to the surviving partner. By setting a fixed value, it eliminates the need for negotiations and potential disagreement between the partners or their estates. In a two-person partnership, where each partner owns an equal 50% share, there are a few different types of Lima Arizona Partnership Buy-Sell Agreement Fixing Value and Requiring Sale by Estate of Deceased Partner to Survivor that can be implemented. These may include: 1. Cross-purchase agreement: In this type of agreement, each partner agrees to purchase the other partner's interest upon death. The surviving partner becomes the sole owner of the partnership by buying out the deceased partner's estate. 2. Entity redemption agreement: In this scenario, the partnership itself agrees to repurchase the deceased partner's interest using the funds or assets of the partnership. The surviving partner then retains full ownership of the partnership. 3. Wait-and-see agreement: This type of agreement allows flexibility for the surviving partner to decide whether to buy the deceased partner's interest themselves or if the partnership should repurchase it. This decision is typically made based on the financial circumstances at the time of death. It is important to consult with a legal professional to determine the most appropriate type of Lima Arizona Partnership Buy-Sell Agreement Fixing Value and Requiring Sale by Estate of Deceased Partner to Survivor in a Two-Person Partnership, with Each Partner Owning 50% of the Partnership, as it will vary depending on individual circumstances and preferences.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.