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Distribution of Assets
The process of allocating a company's or an individual's assets among rightful claimants or heirs.
Dissolution
The process of formally closing or ending a business or legal entity.
Limited Partnership
A business structure where at least one partner has unlimited liability and at least one partner has liability only up to the amount they have invested.
Fiduciary Duty
A legal obligation of one party to act in the best interest of another party, such as the duty a trustee has to beneficiaries.
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