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Home | Business Formations | Limited Partnerships |
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Limited Partnerships Overview |
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The limited partnership, or LP, has become an increasingly popular choice for business owners, especially those involved in real estate or other investment ventures. Unlike general partnerships, LPs can limit the liability and the involvement of certain partners. This is useful for attracting investment partners who'd like to participate in the profits of the business but not necessarily its risks or daily operations. LegalZoom can help you form your LP in 3 simple steps. |
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Filling out the Questionnaire is free. There is no time limit. At the end, you may decide whether or not to purchase.
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*Based on an average hourly rate of $266/hour (2006 Survey of Law Firm
Economics, Altman Weil Pensa Publications). Neither lawyer fee nor LegalZoom
pricing includes required state, federal, or local filing fees.
Disclaimer
Please note that LegalZoom's legal document service is not a law firm, does not act as your attorney and is not a substitute for the advice of an attorney. Rather, it helps you represent yourself in your own legal matters. If you seek representation, are involved in litigation or have complex legal issues that cannot be resolved on your own, we recommend that you hire an attorney. Click here to learn more about our service.
Disclaimer
Please note that LegalZoom's legal document service is not a law firm, does not act as your attorney and is not a substitute for the advice of an attorney. Rather, it helps you represent yourself in your own legal matters. If you seek representation, are involved in litigation or have complex legal issues that cannot be resolved on your own, we recommend that you hire an attorney. Click here to learn more about our service.
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