My brother and I are in a LLC partnership(50/50) in our retail business. We are not having any issues right now but his life style is changing. We are losing some of our communication, I am trying to put some rules and exit strategy on paper before any major issues come up. Does this have to be done through a lawyer or can we put this on paper and have it notarized? Some of this things I want to put on paper: If one side wants to leave, that side has 3 months to sell off as much inventory as them want and they get 50% of the profit. During that 3 month period, any inventory I add will be from my own pocket. The side that is leaving can not take any assets of the company. Only 50% of all cash. If one side gets a DUI, his share and income goes from 50% to 40%. If one side refuses to work, they get 0% income that month. 100% goes to the working party. Is there anything else I need to add? Any pointers and suggestions are welcome. My brother and I have been in this business for almost 3 years.