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Partnerships, Limited Partnerships, and Limited Liability Partnerships — Oh My!

Partnerships, Limited Partnerships, and Limited Liability Partnerships — Oh My!

By Nina Kaufman, Esq.

Two (or more) people want to go into business together.  They’re holding hands (metaphorically speaking), ready to skip lightly down the path of shared entrepreneurship, when a legal questions arises:  what form of business should we choose? The short and obvious answer it:  it depends.  And the decision is a crucial one that should involve the input of an attorney (and an accountant) who understands the laws of your jurisdiction — that is, where you want to open your business.  “Why — why the emphasis on a local attorney?” you may be tempted to ask.  “I’ve read a bunch of stuff on the Internet — isn’t that enough to give me guidance?” No.  Not only is that not enough, but also you may get information that’s not relevant to the laws of your state.  It may not be strictly misinformation, but it will create a mess if your state doesn’t follow the same rules or procedures. Take, for example, a recent article on Partnerships Compared to Limited Liability Partnerships.   It correctly points out that…

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Nina Kaufman

Flying solo doesn’t have to mean going it alone.

I’m Nina Kaufman.

I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.

With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.

And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.

I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.