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How a Written Operating or Ownership Agreement can Save your Business

Posted by attorney S. Young

Attorney Jay Young, a shareholder and litigation department chair in the law firm of Marquis Aurbach Coffing (MAC Law) of Las Vegas, Nevada, discusses how partnership agreements, operating agreements, and shareholder agreements are needed to protect against the possibility of many of life's challenges. Divorce, personal bankruptcy, a death in the family can also end up threatening the health or existence of a business. Young, who is a corporate lawyer, says that by visiting, business owners will be better informed about the threats that their businesses may face because of these types of life altering changes.

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