Confidential · Professional services
Untangling a Family Partnership
Three siblings, one business, and no written agreement about any of it.
- Agreement in place
- Within 90 days
The situation
Roles overlapped, pay was informal, and a retirement was six months away with no plan for the shares.
The counsel
With partner counsel we documented roles and compensation, wrote the operating agreement, and set a buyout schedule everyone signed.
The outcome
The retirement happened on time, and the two remaining owners know exactly what they own.