My fiance (let's call him Bill) has been working for a local concrete company (laying concrete, not making it) for over 5 years. He has a great relationship with the owner. The owner and his wife have always dropped hints about him owning/running the company one day, since the owner has no sons. The owner does very well for himself and treats all of his employees very well, especially Bill. They're always busy and business is good, sometimes they even have too much business to handle and the owner does hardly any marketing, mostly word of mouth is how he gets business. He even finds things for them to do in the winter, so no one gets laid off. All of this being said, Bill was approached by the owner yesterday. He let Bill know that he wants him to become part owner in the company, and one day run it, since he is planning on retiring in the next 5 years. He wants my fiance to have incentive to stay with the company and keep it running after the owner retires. I don't think there is any bad intentions at all with this deal, I just want to make sure I ask all of the right questions and take all of the right precautions before we sign or agree to anything. The owner and his wife want to sit down with Bill and I (they want me to be on board too since I'll have to handle the financials, etc. once the owner and his wife retire) and their accountant after we are married (September) and have settled into married life for a bit, so I don't have many specific details about how he wants to go about making the deal or anything. I wanted to reach out and make sure I go about this in the right way and ask the right questions. I also don't really know how this works or what the process is like for someone to become part owner in a business. Any advice helps! Thank you!