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What else can I help you with?
Can a partnership hold a property?
Generally, a partnership can hold property as long as it is a legal partnership and the partnership status is clearly stated as the grantee on the deed. A tenancy in partnership is similar to a joint tenancy so that if one partner died the surviving partners automatically own that interest.
What are the pros and cons of entering into a domestic partnership?
Entering into a domestic partnership can provide legal protections and benefits similar to marriage, such as healthcare coverage and inheritance rights. However, domestic partnerships may not be recognized in all states and do not offer the same level of legal recognition and rights as marriage.
What are the different kinds of civil partnerships?
A civil partnership is a legally recognized union similar to marriage. Civil partnerships can often come under other terms such as registeredpartnership, domestic partnership and civilunion. The title depends on the jurisdiction.
How is a civil partnership similar to legal marriage?
In most countries in Europe that have civil partnerships, they are legally identical to marriage. However, in some countries, civil partners are not allowed to receive government-funded fertility treatments and/or jointly adopt children.
What is the partnership of ownership?
Yes. A partnership is owned by its partners. A partnership is an association by contract between two or more people engaged in a business enterprise whereby profits and losses are shared proportionately. Real property owned by a partnership is similar to a joint tenancy as long as the partnership in mentioned along with the grantees on the deed.
Can your spouse be held responsible for your debt?
No. Debts incurred before the marriage belong to the individual, those made jointly during a marriage belong to both. Married couples who reside in a community property state are generally held accountable for debts made during the marriage regardless of which spouse actually incurred the debt(s). (Texas and Wisconsin do not treat all marital debt in the same manner as do the other community property states).
Does the state of California recognize Washington D.C. registered domestic partnerships?
Most likely no. California recognizes out-of-state domestic partnerships that are substantially similar to marriage. A Washington DC registered domestic partnership offers only limited rights and is not substantially similar to marriage. Therefore, California will likely not recognize Washington DC registered domestic partnerships.
Does the state of California recognize Maryland state registered domestic partnerships?
Most likely no. California recognizes out-of-state domestic partnerships that are substantially similar to marriage. A Maryland state registered domestic partnership offers only limited rights and is not substantially similar to marriage. Therefore, California will likely not recognize Maryland state registered domestic partnerships.
Which of the following terms represents a business that is similar to a general partnership, except that in addition to general partners there are one or more limited partners?
limited partnership a+
What are the current laws and regulations surrounding gay civil partnerships in the UK?
In the UK, civil partnerships for same-sex couples have been legal since 2005. The Civil Partnership Act 2004 allows same-sex couples to form a legal partnership with similar rights and responsibilities as marriage. In 2014, the Marriage (Same Sex Couples) Act was passed, allowing same-sex couples to marry instead of entering into a civil partnership. As of 2019, opposite-sex couples are also able to enter into civil partnerships in the UK.
What term represents a business that is similar to a general partnership except that in addition to general partners there are one or more limited partners?
limited partnership a+
Does the state of California recognize Washington state registered domestic partnerships?
Yes. California recognizes out-of-state domestic partnerships that are substantially similar to marriage. An Oregon state registered domestic partnership is substantially similar to marriage. Therefore, California recognizes Oregon state registered domestic partnerships and grants them all of the same rights and responsibilities as legal marriages, but they cannot legally be called marriages.
