A limited partnership is a partnership in which there are two types of partners: general and limited partners. General partners manage the business and are jointly liable for the debts and obligations ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The formation of LLCs has become increasingly common in various corporate structures. They ...

Limited partnerships (LPs) are a specific type of business structure that consists of at least one general partner and one or more limited partners. The general partner typically assumes full ...

Choosing the right business structure is critical for the operation of a business. General and limited partnerships are common business structures for those wanting to enter business together. While ...

A Real Estate Limited Partnership (RELP) is an investment structure that allows multiple investors to pool their resources to acquire, develop, or manage real estate projects. In a RELP, there are two ...

Image source: U.S. Geological Survey. Even before the recent announcement that Kinder Morgan cut its dividend by 75%, I have seen numerous articles claim the very concept of a master limited ...

A family limited partnership is a highly customizable vehicle for generational wealth transfer. The FLP and its close cousin, the family limited liability company, are entities that may be used in ...

Selecting the right business structure forms the groundwork for organizational effectiveness, asset protection, and financial transparency. This decision influences the company’s ability to raise ...