Sample Family Limited Partnership Agreement for California

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This sample Family Limited Partnership Agreement for California can be used for asset protection. The sample has been revised and updated as of February 2016, is 62 pages and includes provisions that if any interest of a Limited Partner is seized or a charging order is obtained, that any other Partner has the right to purchase their interest and may take up to 180 months to pay for that purchase.  

The author is a freelance paralegal who has worked in California and Federal litigation since 1995. Note that the author is NOT an attorney and no guarantee or warranty is provided.