What kinds of agreements are covered in an S Corp contract? Is there a way to keep a Corp in the family? i.e. Have a corp. with a 50-50% - how can we keep "in-laws out? Half of us have done so in wills and pre-nups, the other half "nothing".

S corp contracts can be of any kind. A way to keep the corp in the family is for all of the shareholders to sign a shareholders' agreement that restricts the transfer of company stock to acceptable people or relatives as enumerated of under certain circumstances permits the other shareholders or the S corp to buy back the stock. This os not intended to be legal advice, and is general in nature. No attorney-client relationship exists or is formed by this information. Furthermore, this does not represent the views or opinions of LexisNexis or its affiliated companies.