Best Partnership

CMEditor

This content has not been rated yet.

BEST PARTNERSHIP

Dear (Customer Name):

When a business partner suffers a fatal accident, it's a devastating time for all those concerned. The remaining partners feel a great loss after spending years with a person with whom they made investments, acquired companies, and planned ahead.

But it's also a time for change -- a change that could affect both you and your family. If a business partner dies, who will take his or her place? The surviving spouse? A child? How much cash will the surviving family receive? And when?

These decisions should be made well in advance -- when a partnership first forms. There should be:

1. A written agreement, including a method of valuing the business shares

2. A definite source of cash instantly available to pay to the family

We'd like to talk with you about how valuable these arrangements can be for you and your business. Because of the importance of the subject, I will call you for an appointment on ( ).

Sincerely,

Login or Register (for FREE) to gain access to thousands of other great articles.

There are no comments posted.
Search Articles/Libraries 
Select a Category
Choose a Content Package
Content Packages 
  • ~/Upload/Images/ContenPackages/editor@completemarkets.com/imms_logo.png
    This article is part of the IMMS Library, which contains more than 2451 documents published by industry-leading authors.