S Corp Shareholder Agreement Template

S corp shareholder agreement template – Can the free legal documents offered on the Net be a replacement for consulting with an attorney?

In some cases, most definitely.

To give a simple example: The law in your state may require a written contract for the sale of goods over a certain value. Or for that matter, you might choose to give your parent a power of attorney to sell something on your behalf whilst away on vacation. It does not require specialized legal knowledge to compile a bill of sale for a motorcycle, automobile or other goods or to draw up a limited power of attorney.

Similarly, a young person without plenty of assets might want to draft a final will and testament or a living will. For most young people a standard legal template can be used to create their files and the forms can be downloaded free from the web, without incurring legal costs. Needless to say, it will be a different case for a billionaire with various assets and a complicated will where consultation with a legal and/or financial expert is priceless.

Many parents recognize the need for a medical consent form for a babysitter in case of a medical emergency. Or they may require a more comprehensive temporary guardianship form if their child will be staying with a family member or trusted friend. These sample forms are publicly available online.

Free legal documents are particularly valuable when they are also accompanied by legal guidelines on how to complete them.

Even though the law recognizes oral agreements, it always makes sense to get it in writing to avoid arguments over what exactly was agreed upon. Applying sample legal documents to compile your own contracts is no different to lawyers using their existing templates for standard agreements.

Of course there are many instances where you must consult with an attorney. Again, you can use the free legal files and free legal information available on the Internet to do your preparation beforehand and so reduce the consulting period – and hours billed. Please check out our s corp shareholder agreement template on the attachment page.

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *