Business Contracts
Partnership Agreement
New York
Asked on Mar 21, 2023
How to exit a general partnership?
I am currently a partner in a general partnership with another individual, but I have decided to leave the partnership for personal reasons. However, I am unsure of the legal steps required to properly exit the partnership, including the distribution of assets and liabilities. Therefore, I would like to seek the guidance of a lawyer to ensure that my exit from the partnership is handled properly and fairly.
1 Attorney answer
Answer
Business Contracts
New York
Answered 572 days ago
Jane C.
ContractsCounsel verified
Business Lawyer
Licensed in Connecticut, District of Columbia, New York
Free Consultation
You need to review the partnership agreement to see the procedure for exiting the partnership. The partnership agreement will also address distributions.
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