Are general partners liable for other partner's income tax on distributed gains from partnership if not paid by a partner?

No, while general partners are personally liable for the obligations of the partnership, they are not liable for the personal obligations of other...

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You should consider forming a limited liability entity (LLC or corporation) to insulate you from any personal liability from the business. You...

What is the best way to form a partnership/equity agreement or relationship between two businesses?

Unless I misunderstand your facts, you are not looking to work jointly with another company (a joint venture) but rather are providing a range of...

Does a holding company expose its assets to liability if it provides business services to its wholly owned subsidiaries?

Other than a reminder to respect the separate identity of each company, the liability shield of each component entity should insulate the others...

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Who owns partnership documents?

Aside from the court documents, an attorney would need to review your partnership agreement and any other relevant partnership documents. You...

Is the bank at fault for causing this debt to occur? Can I sue the bank to fight paying off this debt myself?

No, you do not have recourse against the bank for a bad check was deposited by you. Your recourse is against the person who passed the bad check to...

Do I have to give the title back?

The loan documents probably require you to take such additional action as the lender requires in order to properly document the loan. You should...

Not compete agreement business and subcontractors

If you have a signed noncompetition agreement and one of the parties breached the terms of that agreement, there is a basis for a suit. As with any...

Escrow services or independent intermediary.

The loan documents should provide for the means of loan disbursement and for the fees, but if the parties wish for an intermediary, you could...

How to transfer a title of a vehicle given to me by my now deceased brother

If title to the vehicle was transferred to you prior to your brother's passing, you should need only to submit the transfer document for registration.