If you decide to form an LLP or general partnership with a business partner or partners, it makes sense to have a partnership agreement in place from the outset particularly to avoid misunderstandings and even disputes that may arise in the future.

A partnership agreement sets out the details of the partnership, the partners, their profit share, capital contributions and process for leaving the partnership should one partner choose to leave the business or sadly die.

websters strive to make partnership agreements straightforward and easy for all parties to understand within the limits of legal accuracy.