[WSBAPT] Minorly off Topic? Business Question

Thomas Gates tegatesesq at gmail.com
Tue Dec 15 11:20:49 PST 2015


See statute on removing partner from a partnership.  Fairly straight
forward, but does require a buyout.

Tom

On Fri, Dec 11, 2015 at 3:14 PM, Paul Grant <paulnnepa at gmail.com> wrote:

> I have a client that has a small percentage partner who does not
> participate in the business.  No partnership agreement beyond state law.
> Partner has not been heard from in years and client now wants to remove
> them from the partnership.  Is there any statutory authority for a
> non-participant partner to be removed or is it through court petition only?
>
> Any thoughts or direction would be wonderful as I attempt to research the
> issue.
>
> Thanks,
>
> Paul H. Grant - JD, LL.M
>
> Planning with Purpose, Inc
> Lynnwood, WA 98036
> 425-939-9948
> www.planningwithpurposeinc.com
>
> Estate Planning. Business Planning. Wealth Succession.
>
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