Partnership Legal Structure Attorney, Massachusetts

Forming a Business Partnership

Massachusetts law recognizes General Partnerships (GP), Limited Partnerships (LP) and Limited Liability Partnerships (LLP).  If one of these business arrangements is the best fit for your business, a carefully drafted partnership agreement is essential to afford the management envisioned and agreed upon by the partners (not the blind application of general partnership law).

The full personal liability of a General Partnership makes the consideration of an entity which provides a shield to personal liability the prudent course of investigation at the time of business formation. 

Contact the business law attorneys at Moody & Knoth, P.C. today.

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