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Forming a Texas PartnershipA partnership is a legal entity designed to carry on a business, which is comprised of two or more general partners. The general partners are responsible for the management of the business. The general partners share in the profits of a general partnership, and they are each personally liable for the debts of the partnership.Partnerships are highly customized and tailored to specific circumstances; therefore an hourly rate of $160 will be charged for legal services. We will provide you with an estimate of the fees before we begin any legal work. What You Need to Get Started
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