Handshakes Aren’t Enough: The Legal Documents Every Small Business Needs


Handshakes Aren't Enough: The Legal Documents Every Small Business Needs

“Back-of-a-napkin deals” and “handshake agreements” won’t cut it anymore in the small business space. Business owners must have legal documents in place. In his presentation, attorney Patrick Schmidt will describe what legal documents owners need to protect themselves, their employees, and their companies. You’ll also learn how to encourage an owner to address these issues sooner rather than later.


Learning Objectives:

  • To identify what legal documents owners need to be amended or drafted.
  • To describe the implications that outdated or insufficient legal documents may have on exit planning.
  • To discuss strategies that trigger an owner to address legal issues proactively.


About the Presenter:

Learn from industry expert Patrick Schmidt, CPA, JD of Tilford, Dobbins, & Schmidt, PLLC, about the legal documents that every small business needs.


Thank you to our sponsors:

This meeting will be held at Central Bank – Flash Cube Building

Address: 9300 Shelbyville Road, Louisville, KY 40222


The EPI Local Chapter is different than other groups because it brings together a diverse group of professionals from a wide range of specialties that can naturally work collaboratively on exit planning, succession planning, value growth, transaction or any engagement from both sides of the equation. The chapter meets regularly to network, reconnect, grow knowledge, and sharpen their skills with a common goal: Change the outcome for transitioning business owners. Make plans to join us for future events and connect with the local leadership by visiting www.EPIKentuckiana.com.

About the Presenter

Patrick Schmidt

Patrick Schmidt

CPA, JD of Tilford, Dobbins, & Schmidt, PLLC

Meet Patrick Schmidt

Patrick T. Schmidt is a member in the Louisville firm of Tilford, Dobbins, & Schmidt, PLLC where he practices in the areas of business law and transactions, real estate, tax, and estate planning.

Patrick received his B.S. in Accounting in 1989 and J.D. in 1992 from the University of Kentucky. He is a member of the Kentucky and American Bar Associations, the American Institute of Certified Public Accountants and the Kentucky Society of Certified Public Accountants.

Patrick was named one of the Top Lawyers in Louisville in business and corporate law by Louisville Magazine Multiple times. He has an AV peer rating from Martindale-Hubbell. He has been recognized as a Kentucky Super Lawyer.

Patrick is currently the President of the Greater Louisville University of Kentucky Alumni Association.

Patrick is currently a Board Member of the Louisville Independent Business Alliance, the James Graham Brown Cancer Center, the Kentucky Chapter of the Association for Corporate Growth, The Clifton Center, and the Kenwood Montessori School. He is the past Chair of the ABA Young Lawyers Tax Committee and the Louisville Bar Association Tax Committee.



  • Graduated from Hanover College
  • Holds Series 7, 63, and 65 securities licenses
  • Holds Life and Health Insurance licenses
  • Holds CEPA® designation
  • Chapter President of the Kentuckiana Exit Planning Institute
  • Recognized by Barron’s as one of the top 1000 Financial Advisors in the US (2012)
  • Nominated for the Barron’s Top 100 Women Advisor List
  • Recognized as one of the top Kentucky Advisors by Forbes

Selected as one of the top 250 women advisors by Forbes nationally.

Continuing Education

One (1) CPE hour

One (1) CFP® credit


NOTE: Proper documentation must be collected and submitted to qualify for continuing education. For questions regarding awarded continuing education credits, please contact Josh Koza at JKoza@Exit-Planning-Institute.org.