Partnership agreement

[acsrttm]

1st time on here and hoping someone can advise me please! I am 1 of 4 people in a property partnership and I wish to resign, I am unsure of the wording I should use and who I should advise (apart from the other partners)? We do have a partnership agreement, however the business is run by the 2 men in the partnership, I have to give 6 months' notice. The other partners are not particularly helpful in advising how we are to work out shares but I am loath to get legal advice as I have previously had a very expensive experience. Any ideas please?

[Mark_Williams]

Hi there , I believe some solicitors offer a free 15 minute consultation. May be worth investigating.
What does your accountant say?

good luck

Mark

[Deliberator]

Firstly, 6 months notice seems a very long time but if it's outlined in your partnership agreement, then it needs to be carefully considered !

You mention you don't want to take legal advice due to your history with lawers; you need to ensure you get out of this partnership intact and without any leftover responsibility. I would strongly suggest you get a free 30 mins with a legal beagle - many do this so contact Citizens Advice or ring around first.

There will be a denotion of responsibility and thus shares / remuneration outlined in your agreement so you need to know what you're entitled to.

[acsrttm]

Dear both
Thanks for the advice. I do know what my share is and this is stated in the agreement, however I'm pretty sure the other partners don't want to find a method of working it out as we are no longer friendly, it's an impossible situation really as they have all agreed they would prefer me to resign as I no longer have any input to the business yet they won't help, am I being unreasonable?
The accountant said he only deals with the tax and that we partners should get together to work out what should be sold to buy me out but they are very unhelpful.
I will try to get a free 15-30 mins with a solicitor for advice.