Legal Question in Business Law in Georgia

Re: forming a partnership

The best way to start a partnership is to seek the advice of counsel to draft a partnership agreement. If you don't want to do this, you may want to read the Georgia Code relating to partnerships which starts at Sec. 14-2-101. It's available on the internet. There are also general forms on the internet. I don't have a recommendation regarding those forms.

Depending on timing issues, I would be happy to discuss your partnership needs with you. I have a practice in Georgia.

Re: forming a partnership

The type of entity you will want to form depends on many factors � liability protection, tax, management, etc. I generally don't recommend forming a true partnership and would probably recommend forming an LLC. It is generally taxed and managed like a partnership, but you also receive the limited liability protection that a partnership does not provide.

If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.

The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.