LLC Dissolution Agreement

Why Use Our LLC Dissolution Agreement Template?

Legally Formalize the End of Your LLC

• Attorney-Drafted: Crafted by business attorneys to ensure complete, enforceable dissolution terms.

• Mutual Consent: Documents that all members agree to dissolve the LLC.

• Clear Closure Terms: Outlines how debts, assets, and obligations will be handled.

Avoid Future Legal and Tax Issues

• Prevents Member Disputes: Makes sure everyone’s on the same page during a sensitive process.

• Addresses Final Distributions: Explains how remaining funds or property will be split.

• Protects Against Future Claims: Includes indemnity language and responsibility clauses.

Simple to Use and Customize

• Editable Word Format: Plug in member names, dissolution date, and financial terms.

• Use with Your Operating Agreement: Complements existing dissolution clauses if they exist.

• Execution Ready: Includes signature section and optional notary fields.

How to Purchase and Use the Dissolution Agreement

🛒 Step 1: Complete Your Purchase ($35 per Template)

Add the LLC Dissolution Agreement to your cart and check out securely. The document will be delivered instantly via email.

📥 Step 2: Download and Customize

Open the template in Word and add your LLC’s name, member details, effective dissolution date, and any agreed-upon terms.

👥 Step 3: Review with All Members

Ensure everyone agrees to the terms and understands how final debts, assets, and liabilities are being handled.

✍️ Step 4: Sign and Store with Your Final LLC Records

Once signed, keep a copy with your LLC’s legal documents. You can then proceed with filing formal dissolution paperwork with your state, if required.

🎯 Ready to Close Your LLC?

Download the LLC Dissolution Agreement and finalize your closure the right way.

Key Features of the LLC Dissolution Agreement Template

• Mutual Dissolution Clause: Clearly states that all members agree to dissolve the LLC.

• Asset and Liability Handling: Defines how remaining property, debts, and obligations will be divided.

• Final Distributions Section: Clarifies how cash or other assets will be distributed to members.

• Member Indemnification Clause: Limits future claims or disputes.

• Execution & Notarization Section: Signature-ready with optional notary section.

Benefits of Our Dissolution Agreement Template

Protects Members and Prevents Disputes

• Avoids Misunderstandings: Everyone agrees in writing to the terms of winding down.

• Preserves Relationships: Keep things professional and respectful—even during closure.

• Prevents Loose Ends: Clear responsibility for liabilities and leftover obligations.

Affordable and Ready to Use

• Skip the Legal Guesswork: Use a professionally written document instead of starting from scratch.

• Download Instantly: Start customizing right after purchase.

• Flexible Format: Edit to suit any size LLC or number of members.

Quick Look: LLC Dissolution Agreement

Frequently Asked Questions

Q: What is an LLC Dissolution Agreement?

A: It’s a legal document signed by LLC members agreeing to wind down the business, distribute assets, and formally close the company.

Q: Do I still need to file something with the state?

A: Yes. This agreement is for internal documentation. Most states also require formal Articles of Dissolution to be filed with the Secretary of State.

Q: What if the LLC has outstanding debts?

A: The agreement includes language that assigns responsibility for handling debts, and you should work with an accountant or attorney to ensure those obligations are met.

Q: Can I use this if I’m the only member?

A: Yes. Single-member LLCs can use this document as a formal record of intent and execution of dissolution.

Q: Do I need to notarize it?

A: Not required, but notarization can add legal weight—especially if there are disputes or outside creditors involved.

Why This Agreement Matters

• Protects Members from Future Disputes: Written agreement reduces the chance of post-dissolution claims.

• Prepares You for State Filings: Complements official dissolution paperwork with a signed agreement.

• Provides Financial Clarity: Defines how money, property, and debts are handled.

• Gives Closure with Confidence: Walk away from your business with your legal bases covered.