General Partnership FOrmation in San Antonio

Forming a general partnership in Texas may seem straightforward, but it carries serious legal and financial implications. Whether you’re starting fresh with a trusted colleague or trying to bring clarity to an existing business relationship, the way your partnership is structured can impact your future success.

This is why we help business owners establish legally sound partnerships that protect everyone involved now and down the road. For general partnership formation services in San Antonio, contact Attorney Nathaniel Gilbert to get started.

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General partnership Basics

Why You Need a Lawyer for a General Partnership

Unlike corporations or LLCs, general partnerships in Texas don’t require formal registration with the Secretary of State to get started. But that informality is exactly why things can go wrong quickly. If you’re running a business with another person and have no written agreement, Texas law will make assumptions for you, and you may not like the outcomes.

Working with a general partnership lawyer in San Antonio ensures:

  • Each partner’s roles, responsibilities, and ownership percentages are clearly defined.
  • You have a customized partnership agreement that protects your rights.
  • Profits and losses are allocated fairly and transparently.
  • Liability is addressed up front, including how debt and legal issues are handled.

Is a General Partnership Right for You?

A general partnership might be a good fit if:

  • You’re starting a small business with one or more partners
  • You want shared management and equal say
  • You prefer pass-through taxation without formal corporate structures

However, general partnerships come with unlimited personal liability for both partners. That means if your business owes money or faces a lawsuit, your personal assets could be at risk. That’s why having a clear, lawyer-drafted agreement is essential.

Already in a Partnership Without a Formal Agreement?

Many San Antonio business owners are already operating as informal partnerships without realizing the risks. If you’re earning revenue together, splitting expenses, or sharing customers, the law may see you as a general partnership even if you never signed anything.

If you’re in this situation, we can help:

  • Draft or revise a partnership agreement
  • Define clear roles and responsibilities
  • Outline a fair method for resolving future disagreements

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General Partnership Formation Comparison

Working With Attorney Nate Gilbert

Work with one, highly experienced attorney, from start to finish on your project

Flat rate packages, established up front; That will always be your only payment!

Reach out directly to your attorney; One-on-one access to your attorney during your representation

Know you matter and won’t fall through the cracks– We don’t take on more clients than we can adequately serve at any time

Other Larger Firms

Chance of being passed around from senior partner, to associate, to another associate, or paralegal

Hourly rates, unknown fees or other surprises on your final bill – Every phone call has a ticking clock that you’re being charged for

Calling the main office line, leaving a message; Someone other than your attorney returning your phone call, or no one at all

Larger firms must take as many clients as possible, and there is a risk of your matter getting lost in the crowd

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Ready to Form Your General Partnership?

Contact Attorney Nathaniel Gilbert for a FREE 15 Minute Consultation

Don’t let a handshake be the only thing holding your business together. A legally sound general partnership agreement can protect your work, your money, and your relationships. Book your free 15-minute consultation with a professional general partnership lawyer in San Antonio today.

Frequently Asked Questions

No, general partnerships do not require registration with the Secretary of State. However, filing an assumed business name (DBA) may be necessary.

Without a written agreement, Texas law governs your partnership by default rules, which may not reflect your intentions. This can lead to disputes and misunderstandings.

Yes. In a general partnership, each partner has the authority to bind the business and can be held personally liable for the debts or actions of the other partners.

Your agreement should cover roles, capital contributions, profit/loss distribution, dispute resolution, exit terms, and authority levels.

Yes. Many partnerships eventually convert to formal entities like LLCs or corporations as they grow and their legal needs evolve.