A lot of parents decide to homeschool their kids instead of sending them to public school. To get started, a letter or notice of intent to homeschool is often the first step in filing paperwork.

A letter of intent is often used to confirm the mutual understanding of a prospective deal — in other words, the prelude to a full-blown agreement. All parties involved, however, should be aware that ...

Q: We have probably found a buyer for our agency, and he would like to have us sign a letter of intent. What exactly is a letter of intent? Is it binding? If not, do we even need a letter of intent?

A letter of intent is a document in which one or more parties signify an intention to do or to refrain from doing one or several things. Letters of intent (LOIs) are controversial under law being ...

Think of the letter of intent (LOI) as a starting pistol. Once fired, the acquisition process begins, and it’s all hands on deck to complete the acquisition as quickly and easily as possible. While ...

Once a business owner has identified a prospective purchaser of his or her business, a letter of intent will typically be entered into. All too often, merger and acquisition (M&A) lawyers are engaged ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Charlene Rhinehart is a CPA , CFE, chair of an ...

LOIs start negotiations and clarify initial deal points but are not legally binding. Common in real estate and M&A, LOIs signal readiness to engage in due diligence. Terms in an LOI often evolve as ...