Partnership Legal Guides (18 found)

Narrow your search

Sort by  
No photo
Written by Avvo Staff
A partnership is a business that has not registered as a corporation or limited liability company and has more than one owner.
Christopher R. Minelli
Written by Christopher R. Minelli
Contributor Level 6

This Legal Guide provides a summary of different forms of partnership available in Illinois. Management characteristics, limited liability, and tax treatment are considered for each partnership form.
Jon Mitchell Jackson
Written by Jon Mitchell Jackson
Contributor Level 6

A Family Limited Partnership (FLP) is an entity, like a corporation. It is used to protect assets and keep them in the family. A certificate is filed with state authorities to bring the Partnership into existence. The Partnership has distinct identity and tax identification number. It can own assets
Michael David Coffman
Written by Michael David Coffman
Contributor Level 4

Washington State's Domestic Partnership Law has been modified effective June 12, 2008 with regards to dissolution. Prior to that date, a simple form sent to the Secretary of State sufficed. Under the new law, a proceeding in court must be used, much like for those undergoing a divorce.
Joseph Franklin Pippen Jr.
Written by Joseph Franklin Pippen Jr.
Contributor Level 6

A family limited partnership is a wonderful estate planning tool to obtain substantial tax benefits, achieve asset protection,and maintain control of assets.
Bruce Givner
Written by Bruce Givner
Contributor Level 5

A Family Limited Partnership is an excellent structure to protect investment assets. It is also a superior way to achieve valuation discounts for estate tax planning. However, when an 80 year old in poor health, or a healthy 90 year old, comes to the lawyer's office, an FLP is usually a bad idea.
Frank A Selden
Written by Frank A Selden
Contributor Level 7

California Domestic Partnership is an Act passed by the California legislature and signed by Governor Davis in Septof 2003 to give persons living in registered domestic partnerships rights and responsibilities more similar to those of marriage. This guide covers the basic requirements.
Frank A Selden
Written by Frank A Selden
Contributor Level 7

For the Domestic Partnership Rights and Responsibilities Act to apply, the parties must register the partnership with the California Secretary of State. See attached link the the Registry. To create a DP you must meet all five requirements set out below.
Robert Scott Williams
Written by Robert Scott Williams
Contributor Level 5

The general partnership is the simplest business entity created by two or more business owners to engage in business. However, its benefits are often outweighed by the costs associated with the general partnership model. Typically, the partners manage the day to day business of the partnership.
Robert Scott Williams
Written by Robert Scott Williams
Contributor Level 5

The limited partnership is a business entity created by two or more owners to engage in business. There must be at least one general partner and one limited partner. The general partner manages the partnership, and is generally liable for the debts of the partnership.
No photo
Written by Avvo Staff
To choose your best business or corporate structure, consider the type of business you want to operate, your need to be shielded from personal responsibility, and the tax consequences of the various business types.
No photo
Written by Avvo Staff
Premarital cohabitation occurs when two unmarried people in a relationship live together. It is not a legal contract.
No photo
Written by Avvo Staff
Alimony terminates when either spouse dies, when the recipient remarries, or when the court orders it to end in the divorce decree.
No photo
Written by Avvo Staff
Since states have the authority to decide who is allowed to marry, the legality of same sex marriage varies from state to state.
No photo
Written by Avvo Staff
Business contracts cover a wide range of business dealings and constitute an agreement between two parties to exchange services or goods of value.
No photo
Written by Avvo Staff
Filing Articles of Incorporation is the critical first step in starting a corporation and should be given all possible attention.
No photo
Written by Avvo Staff
Child support laws are the state rules that govern the collection and distribution of money paid from a non-custodial parent to the custodial parent for child-related expenses.
No photo
Written by Avvo Staff
The Child Abuse Prevention Act, legally known as the Child Abuse Prevention and Treatment Act (CAPTA), is the main piece of federal legislation that addresses child abuse.

Ask a Question

Get free answers from real lawyers.