A business organization that allows limited partners to enjoy limited personal liability while general partners have unlimited personal liability A limited partnership is similar to a general ...

Explore the mechanics of limited partnerships, their benefits for asset protection and how they can be integrated into a ...

An LLC is a good combination of protection with flexibility and tax benefits. It provides an array of taxation alternatives while shielding individual members from personal liability.

Taxpayers often use entities characterized as partnerships for federal income tax purposes to conduct their business activities. In addition to offering limited liability (e.g., limited liability ...

Greater asset protection can be achieved by holding the general partnership interest in a limited liability company (LLC) that is owned and controlled by the parents. At the same time, the parents ...

Investors express concerns that the stringent criteria of the SECP also discouraged corporatisation in the country.

An indirect partner to a California investment fund can’t escape liability using “unfounded theories” about the IRS’s ...

LLP stands for limited liability partnership. As the name suggests, an LLP provides its members with a degree of liability protection, shielding them and their personal assets. "A partner of a ...

The partners make an agreement about who has what authority, usually in the form of a contract (partnership articles). An authorised partner may enter into agreements on behalf of the partnership, ...