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Partnership Agreements in Texas

Okay, you and your buddy are going into business. You’ll be partners. What you need is a partnership agreement that sets out the basic rights you each have in the event that:
  1. One of you dies
  2. One of you divorces (do you become partners with the ex-wife?)
  3. One of you becomes disabled (does the other carry on the burden all by himself and still pay ½ to the disabled one as required by law without an agreement)
  4. One of you retires
  5. One of you wants to get out of the business
  6. One of you wants to sell and the other doesn’t
  7. One of you goes bankrupt (does that mean the business does, too?)
These issues and similar ones require a lawyer on your side. Call Michael Wald today for help.

Selecting a Business Entity. Which one is right for you? Click here!

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Dallas Texas Law
Michael Wald
5420 LBJ Freeway, Suite 1900, Dallas, Texas 75240
tel: 972-690-9700 fax: 972-788-3368
toll free:1-800-657-2901
attorney@waldlaw.com

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