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Practice areas & skills: Contracts & Agreements, Estate Planning, Business, Franchising
Review: “Mr. Chung has been helping me file taxes for the last couple of years, and has offered his insightful advice and precious help for other legal matters as well, such as immigration law, on various occasions. He is incredib...
Practice areas & skills: Tax, Immigration, Business
Since founding Kaiser Law Group nearly a decade ago, I have been guiding individuals, families and small business owners through the deep waters of estate planning. I purposely focus on establishing mutual relationships with clients and their trus...
Practice areas & skills: Estate Planning, Trusts, Probate, Business
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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.