Any Retired Attorneys?

lulie___wayneJune 8, 2002

I was wondering if any of you may have legal business knowledge. My son started a flooring business under his name, but he is going to be in partnership with their store, in the partner's name. The store has the company name. What negative legal ramifications could this involve, and what should my son do to protect himself? They have a lot of commercial business such as hotels, churches etc. as well as residential, but they want the store also, to generate more residential business and, of course, to sell the materials.

Your input would greatly be appreciated.

Lulie in LA

Thank you for reporting this comment. Undo

You might want to look at this site. There is a lot of info here for a start.

    Bookmark   June 10, 2002 at 11:58PM
Sign Up to comment
More Discussions
Need your advice on our Plan
Thank you for your advice and suggestions. We do not...
Can I draw SS on my husbands SS before he draws? SS...
Social Security at 62 - where to deposit funds?
Gonna be 62 in 2013 and I've decided to begin my Social...
Retirement Property in PA
looking for retirement property in Pennsylvania, preferably...
What bothers you the most at your retirement home?
Hello. We are a group of graduate students at the University...
© 2015 Houzz Inc. Houzz® The new way to design your home™