Partnership Agreement
We will review your company documentation to ascertain the level of your protection.Personal Asset Protection Analysis
$150 one time fee
If we determine you need additional or modified documentation you will recieve $150 off any documents we prepare for you after your personal asset protection analysis.
Partnerships must have a Partnership Agreement that states all the guidelines for the partnership. We generally suggest that if you have a partnership, you consider changing it to an LLC taxed as a partnership (you should consult your CPA or attorney to find out if this is the best thing for you and your business).
Asset protection is generally very weak in a Partnership. If something was to happen and either you or your partner is sued your assets could be attacked as well as your partner’s and the company’s. You are open to exposure with a Partnership. With an LLC, if your partner were to be sued it would not affect the company or you. The asset protection is much stronger. However, if you choose to remain as a partnership then you will want to be sure to make this as strong as possible. The Partnership Agreement will outline all of the responsibilities. To find out more take our free online Personal Asset Protection Analysis.
Perform A Self Review of Your Documentation
Take our self-generated online review of your company documentation.Learn More About Personal Asset Protection
Agreements
Limited Liability Company: Operating Agreement
Corporation: Bylaws
Partnership: Partnership Agreement
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