Form a Partnership: The Legal Guide for Business Owners

The nuts-and-bolts guide to forming a partnership

A solid partnership agreement is the foundation for a lasting and successful business partnership. Don’t skip this essential step, or you might run into major problems later.

Form a Partnership helps you create the agreement you need for your shared business venture. It takes you through the important issues, then helps you write your own partnership agreement tailored to your needs, clause-by-clause. The book covers:

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cash, property, and service contributions

financial and tax liabilities

how partners will make decisions

allocating profits and losses

admitting new partners

what happens if a partner wants out

buying out a partner’s interest

the death of a partner

and much more.

The 11th edition―completely updated to reflect current law and business issues―provides the forms, worksheets, and legal information you need to create a partnership agreement.

With Downloadable Forms: download and customize partnership agreements (details inside).

Denis Clifford is an estate planning attorney in Berkeley, California. He is the author of many Nolo titles, including Quick & Legal Will Book, Make Your Own Living Trust and Plan Your Estate, and a coauthor of Form a Partnership: A Complete Legal Guide. He has been interviewed by such major media as The New York Times, Los Angeles Times, and Money Magazine.

Ralph Warner a pioneer of the do-it-yourself law movement, co-founded Nolo in 1971. He began publishing do-it-yourself law books after numerous publishers rejected them. Warner holds a law degree from Boalt Hall School of Law at the University of California at Berkeley and an undergraduate degree from Princeton.