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Limited Partnership (LP)

Law Office of David M. Goldman PLLC represents individuals and Florida Businesses in Jacksonville and the surrounding areas in Florida Business law and Florida Business Formation. Our Florida Business Attorneys and Florida Business Lawyers work with clients in to help them choose the correct entity to use when conducting business.

A Florida Limited Partnership is a business entity with two or more owners. In addition, there are two types of partners. The partners are separated in to Limited Partners and General Partners. There must be at least one of each. The general partners are personally liable for all the debts and liabilities of the partnership. Unlike the Florida Sole Proprietorship or the Florida General Partnership, the general partners of a Florida Limited Partnership are liable for the debts of the company. To be eligible for limited partnership status, the partner cannot participate in the active management of the partnership. Limited partners must be carful to participate in the control of the business or the shield against liability may be "pierced" and the partner may loose their personal protection. This business entity requires a certificate of limited partnership to be file with the state of Florida.

If you need help with starting or managing a Florida Business CONTACT our Florida Business Lawyers by email or call us at 904-685-1200 to discuss your situation today.

Client Reviews
"As a real estate agent, I have been involved with many property transactions where I needed a probate attorney to help facilitate the transaction. I have used the services of Mr. Goldman and his staff over the last several years and continue to use them on a regular basis. His office has been able to navigate the court system and help estates sell their property quickly and efficiently..." Michael Starling
"I've had Mr. Goldman do my entire estate planning as well as my gun trust. I highly recommend him and his firm. If you're planning a gun trust, trust no one else Mr. Goldman is one of if not the best versed on this topic." Howard
“Great service is an understatement. We bought several properties that Mr. Goldman handled for his clients. The communication and explanation of everything was terrific. I would definitely recommend him for all of your real estate needs.” Kassandra
“After struggling with 2 probate cases prior to hiring attorney Goldman I was extremely apprehensive during the hiring phase. Not only did Attorney Goldman assure me they could take care of this his office was wonderful. Jennifer was assigned to my case and she was wonderful and were able to guide another probate case I had saving me additional time and frustration. Highly recommend this office.” Debbie