Business owners and control

Last updated: Tuesday, 21 January, 2025

Question

If you don’t have a written agreement, at what point does someone have a legal stake in the business? I’m asking because I started an LLC for my farm, and am wondering if I need to pay my spouse for their work on the farm, if any profit from the farm we file in our […]

Become a Farm Commons member to access this content and get all the benefits including free workshops and Q&A opportunities at any time! Join now with a Legal Professional Membership, Producer Membership or Membresía de Productores. Already a member? log in Not ready to jump in the membership pool? We get it, we're risk adverse too. Producers get a 14-day free trial membership! Cancel anytime during the free trial and your credit card won't be charged. Click the producer link above to get started. Our Institutional and Legal Professional members get special benefits not possible through a free trial, but reach out! We're happy to pass along a preview of specific resources and to explain member benefits in more detail. Reach out at the Contact Us page.

Answer

0
Would love your thoughts, please comment.x
()
x

Impacted by the federal funding freeze? Join us for a FREE webinar!

Join Farm Commons on Thursday, April 24, 2025, at 11 AM CT for a free webinar, where we will share new and improved resources available, and discuss the termination and reapplication activity surrounding the Partnerships for Climate Smart Commodities program, including the opportunity for appeal.