PartnershipsENG
This valuable publication provides a guide to partnerships assisting practitioners to advise and service their clients with confidence.
1 Matter Plan
Overview
This valuable publication provides a guide to partnerships assisting practitioners to advise and service their clients with confidence.
The commentary looks at the structure of a partnership as well as issues of set-up, privacy, liability, flexibility, income and tax, participant structures, capital raising and decision making.
There are many very good precedents in this publication, including:
- Partnership agreements – straightforward, limited and limited liability
- Library of clauses for partnership agreements
- Deed of assignment of interest in a partnership
- Deed of variation of share of profits and losses
- Succession agreement
- Dissolution and continuation of partnership
Ready To Use Resources
Choose from ready-to-use legal documents within this Publication.
1 Matter Plan Included
- ALERTS - Nil“”
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- Full Commentary - Partnerships“null”
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- Reference materials
- Overview“The relationship between general partners is contractual and fiduciary. Trust and good faith are essential elements in this relationship. A corporation may be a partner, either in its own right or as trustee of a trust or a limited liability partnership (LLP).”
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- Summary of the process“The usual steps in acting in a partnership matter include:”
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- A. Getting the matter underway
- B. The partnership agreement
- C. Registration and applications
- D. General business
- E. Succession planning
- F. Dispute resolution
- G. Dissolution and winding up
- H. Finalising the matter
- Comments and suggestions for By Lawyers“null”
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