Purchase of Business

The only way to protect money you lend is not to lend the money.

I suggest you discuss your concerns with a trust attorney, a CPA, or a trust officer at a major bank.

 

That question makes no sense and, because is makes no sense, it is clear that you and your husband have no clue about what you are getting into.

I suggest you get yourself a lawyer or you can kiss that money good bye the minute you write the check.

I'm guessing that the people running the business are a heck of a lot smarter at it than you are.

Hire a lawyer.

Where did you get that idea? My guess is you got it from the owners of the business that you want to buy into.

A stockholder/owner is separate from the corporate entity. There is no reason that a loan to the corporation cannot be secured by a deed of trust on the corporate owned real estate.

Without an attorney, you are ripe for a plucking, shearing, fleecing, or whatever metaphor that describes a lamb being led to the slaughter.

 

For a beautiful, tender, little lamb; slaughter comes to mind.

For the adult version of a lamb, a sheep, shearing must be far more preferable. LOL

Either way, both lose something, one loses EVERYTHING!!!