The Agreement for the Dissolution of Partnership is a legal document designed for partners wishing to formally dissolve their business relationship in Wayne. This form clearly outlines the process for dissolving the partnership, including audits of financial records, assignment of rights, and division of assets and liabilities. Key features include a structured framework for accounting, stipulating how profits, losses, and debts will be handled upon dissolution. Partners are required to make arrangements for an audit, the cost of which is shared equally. This sample agreement provides sections for entering specific details such as business name, addresses, and terms of dissolution, making it user-friendly for individuals unfamiliar with legal jargon. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to ensure that the dissolution process is orderly and legally compliant. It serves as a critical tool for preventing disputes by ensuring that all parties are clear about their rights and responsibilities post-dissolution.