Limited Liability Companies (LLC) are increasingly popular vehicles for same sex domestic partners to organize their affairs and protect their respective financial interests, while at the same time conducting a side business. Although gay or lesbian marriages are not legally recognized in many places, Delaware Corporations are given wide acceptance. LLC's can provide a legal framework of rights which approach, but do not duplicate the traditional marital rights. With good planning, a business purpose, and sound legal guidance, an LLC combined with a Will, a Living Will, and a Durable Power of Attorney can accomplish your estate planning goals.
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