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South Dakota
Agreement to Devise or Bequeath Property of a Business Transferred to...

South Dakota Agreement to Devise or Bequeath Property of a Business Transferred to Business Partner

Category:

Partnerships - Agreements

State:

Multi-State

Control #:

US-0662BG

Format:

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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