In accordance with Title 8 of the Delaware Code, partners within a legal partnership are able to adopt a partnership agreement. This document will detail the relationship held between the general and limited partners and between said partners and the partnership itself. Such an agreement is not a necessary aspect of forming a partnership, however there is much utility in doing so. When drafting, it is wise to have an attorney at hand to ensure that the provisions being relayed in the document will both hold up in a court of law (if necessary) and benefit each party as effectively as possible. Click on either link below or above near the title to access our free template available in both MS Word and Adobe PDF formatting.

How to (Video)