Adding Silent Partner To Llc With Irs

• Category: Partnerships - Contracts
• State: Multi-State
• Control #: US-0046BG
• Format: Word; Rich Text

Description Silent Partner Contract Template

Silent Partnership Agreement allows a silent partner to share in the business' gains and losses, but maintain a more hands-off approach when it comes to the day to day management of the company. The addition of a silent partner can provide a new infusion of capital. Despite the benefits, however, there are still a lot of details that need to be worked out - a Silent Partnership Agreement helps define all the terms your agreement.