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What happens if one partner wants to leave the partnership?

April 26, 2017happens leave partner partnership wants

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What happens if one partner wants to leave the partnership?

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Before you go into business together, you and your partners should decide what will happen to the partnership when one partner retires or dies or wants to leave the partnership for some other reason. To deal with these issues, it always makes sense to include “buy-sell” provisions in your partnership agreement.