Guam Agreement to Devise or Bequeath Property of a Business Transferred to Business Partner

State:
Multi-State
Control #:
US-0662BG
Format:
Word; 
Rich Text
Instant download

Description

This contractual agreement provides for the control of the company to remain in the remaining owner of the company but the value of the company passes to the beneficiary of the deceased owner's beneficiary. This may be a valuable agreement where the spouse or the children of the owners do not wish to carry on the business. Further, the agreement has remained flexible for amendments and dissolution in the case of changed circumstances.
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FAQ

The paperwork required to hand over business ownership typically includes a Guam Agreement to Devise or Bequeath Property of a Business Transferred to Business Partner, along with any additional documents necessary for compliance with local laws. You may also need to adjust business registration and tax records. Consulting with a legal expert can simplify this process and ensure all necessary forms are correctly completed.

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Guam Agreement to Devise or Bequeath Property of a Business Transferred to Business Partner