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tswartz123
tswartz123, Attorney
Category: Business Law
Satisfied Customers: 3139
Experience:  Twenty one years experience as a lawyer in New York and New Jersey. Former Appellate Law Clerk.
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I have 50% out 100% of a company that worth 1 Million dollar

Customer Question

i have 50% out 100% of a company that worth 1 Million dollar if i was to sale , A. 3rd of it for 100 thousand dollars is that good % to give
JA: What state are you in? It matters because laws vary by location.
Customer: C.A
JA: Has anything been filed or reported?
Customer: yes
JA: Anything else you want the lawyer to know before I connect you?
Customer: no
Submitted: 9 days ago.
Category: Business Law
Expert:  tswartz123 replied 9 days ago.

Hello JACUSTOMER,

If the company is worth 1 million dollars, one third of the company's value would be approximately $333,000. So, $100,000 would not be a good % for a third of the company.

Thomas

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