[Alberg30] Partnership advice?

Kevin Blanc t.k.blanc at att.net
Tue Mar 26 14:31:06 PST 2002

I've regretfully had my boat for sale for about a year now. Recently, 
I've been discussing partnering with someone that responded to my ad. I 
see it to my benefit because I would get to keep sailing a boat that I 
love (I don't get to sail much anyway - if  I got out 6 times a year, 
that's a good year - which is why it is for sale), the boat would 
receive much needed improvements, we' both be interested in being on the 
starting line a few times a year, and I could bring another family into 
the fleet.

I'm sure there are downsides to partnering, but I'm pretty amiable. My 
potential partner seems like a heads up guy - he's smart enough to 
follow this forum. :0)

We are both wondering about partnership agreements. Are they hard to set 
up? Should they be drawn up by an (ack) attorney? Is there a "boating 
community" standard?

Any thoughts on the topic would be much appreciated.

Thanks in advance.

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