Terminating a Partnership

The video tutorial explains how to terminate a partnership, focusing on at-will partnerships and those with agreements. At-will partnerships can be dissolved easily by a partner's dissociation, while planned partnerships require adherence to specific terms in the agreement. The video also covers buy-sell agreements and the distribution of interests upon termination.

What happens if a partner leaves a partnership without a specific agreement in place?

Describe the process of winding up a partnership after a partner dissociates.