Partnerships bring added complications to ownership as well as exits. In this episode, Goodbody’s Catriona Coady and David Clancy of Clancy and Associates talk about how partnerships differ from other types of ownership: how profits get divided, how pensions work, and the best way to leave when the time is right.

Episode 5: How to leave a partnership

It can be hard for business owners to be fully prepared when the time comes to exit their business. That’s because navigating the process can be difficult without a guide. And most owners will not get a second chance to do it right, so the stakes are high. Goodbody takes you through the set-up, execution and aftermath of business exits from both the personal and corporate sides of the transaction. We look at the whole picture, from getting the right corporate structure and positioning for the right tax reliefs, to dealing with other shareholders and planning your post-exit finances. Goodbody’s Private Client Tax and Pensions Specialist Catriona Coady and David Clancy of Clancy and Associates untangle the complexities of these technical topics to present them in a human and intelligible way, while providing unique insights into how the experts deal with the trickier problems that can arise in exit scenarios.

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Episode 5: How to leave a partnership

Episode 5: How to leave a partnership