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3 Different Types of Marital Agreements Under the Law
There are many different forms of marital agreements (besides a legally-binding marriage) from common law marriage to civil unions and domestic partnerships. Common Law Marriage Common law marriage, a.k.a. informal marriage or "marriage by habit and repute,” is a...
What Is Marriage?
Marriage is a legally-binding relationship between two people. In the US, this means the couple now have a number of legal responsibilities and rights, including: Inheriting property from each other Making medical and financial decisions for each other Ability to open...
What is Family Law?
According to the Cornell's Law School Legal Information Institute: "Family law, also referred to as domestic relations in many states, is the broad body of law that covers marriage, divorce, child custody, adoption, domestic violence, reproductive rights, and other...
LLP VS. LLC: What Is The Difference?
Every business entity available was designed to provide advantages to certain types of owners and business models. LLCs and LLPs have similarities that can make it confusing to know which is best to choose. Here are five differences between the two that can help...
How do you form a Limited Liability Partnership (LLP)?
According to Forbes.com, in some states, licensed professionals cannot form C-corporations. LLPs give these professionals the ability to build a business with partners and investors while limiting their risk. The process for forming an LLP varies from state to state....
What is a Limited Liability Partnership (LLP)?
When two or more people decide to build a business together, one of the business structures they can elect is a Limited Liability Partnership (LLP). An alternative to forming an LLC or a C-Corpporation, the LLP allows partners to invest while limiting each partner’s...
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