John was born and raised in Chattanooga. He was active in the Boy Scouts growing up... more
John was born and raised in Chattanooga. He was active in the Boy Scouts growing up and earned his Eagle Scout Award. In law school, John earned the Book Award in his estate planning class for the highest grade. Prior to joining his father's law practice in 2002, he worked for two years with UBS Trust Company (formerly Bradford Trust Company). John speaks on the areas of estate plann... view profile
A partnership is created when people pool resources and join together in business. There are several types of partnership agreements: In a general partnership, all partners manage the business and are personally liable for its debts. In limited partnerships, partners' liability is limited and they have no voice in decision-making. In a limited liability partnership (LLP), all partners have some degree of limited liability. In a limited liability company (LLC), a shareholder is not personally liable for any of the debts of the company, other than for the money they invested in that company. An attorney experienced with partnership agreements will help you decide whether a partnership is a good idea for your business, and which type of agreement would be best for you. Partnership lawyers will also make sure your partnership agreement accurately describes each partner's rights and responsibilities.