Partnership Agreements

Partnership agreements are legally binding agreements when partners concur to share liabilities and responsibilities by way of a contract.

There are two main types of Partnership Agreement, formal or non-formal. Legacy can adapt such contracts to incorporate such features as profit loss distribution, Management structure and Partnership voting methods.

Furthermore, any unforeseen eventualities can be catered for through the flexible nature of the Agreement. Such eventualities might include the dissolution of a partnership or a partner leaving.