A good partnership agreement is essential for your personal and business security. A business partnership is like a marriage--it should not be entered into lightly. How to Form Your Own Partnership explains all the issues you need to address and takes you through the process of setting up an effective partnership. Plus, it contains everything you need to legally form a partnership in all 50 states and the District of Columbia. Complete with step-by-step instructions and the agreements and forms you need, this book makes forming your own partnership inexpensive and hassle-free. How to Form Your Own Partnership answers your most important questions, such as: What are your legal rights and responsibilities? Are you liable for all your partner’s actions? What if you disagree with your partner? What happens if your partner dies? What if you or your partner want out of the business? Plus, it explains in simple language: Types of business organizations Partnership advantages and disadvantages Partnership laws Preparing a partnership agreement without a lawyer Selecting and working with a lawyer Changing partners The Uniform Partnership Act Partnership laws in all 50 states and the District of Columbia