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Friends Family Farm
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Boone & Crockett
Posted 9/18/2024 12:58 (#10895113 - in reply to #10895085)
Subject: RE: Friends Family Farm


Sounds like on the surface that Bob would be adding a lot more value to the new enterprise than the other parties involved. Most things are workable as long as everybody is on the same page, and not expecting a disproportionate advantage. Needs be equally beneficial to all parties involved. Bob needs to have Dad and his partner draft a buy-sell agreement dictating terms and conditions for dissolution of the partnership when that day comes. If they won’t agree to a legal document that binds all parties to terms and conditions, then Bob needs to pass on the deal.
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