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Removing a business partner can be challenging, especially in the absence of specific provisions in your agreement. State laws typically dictate the process, so consulting an attorney about what's permissible is essential. Under LLC and partnership laws, ejecting a partner isn't straightforward, as they are considered co-owners with a vested interest. A well-drafted LLC agreement may include mechanisms for removal or reclassification from a voting member to merely an economic interest holder. This highlights the importance of careful planning and agreement drafting to avoid complications later, as many find themselves in difficult situations without proper provisions in place.
