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 ...

Family limited partnerships (FLPs) and trusts are both tools used in estate planning, but they serve different purposes and offer distinct advantages. An FLP is primarily designed to hold and manage ...

Learn the differences and similarities of these two partnership types so you know which business entity to choose. Many, or all, of the products featured on this page are from our advertising partners ...

Selecting the right business structure is a critical decision for any entrepreneur, as your choice impacts ownership, liability, and how you operate. Limited partnerships are a popular option because ...

Many small businesses and investment vehicles are structured with partners. Technically, a business partnership is created when two or more individuals come together for a specific business purpose.

The Toca Gas Plant, majority-owned by Enterprise Products Partners LP, stands in Toca, Louisiana, U.S. Enterprise Products Partners LP is the largest master limited partnership (MLP). Photographer: ...

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 partnership is flawed. They point to things ...