Often when filmmakers begin their first movie, it is with a partner. It might be a film school classmate or a friend with a similar vision. If you’re in this situation, be sure you understand what you’re getting into.
A partnership is legally very similar to a marriage, except that no one has to pronounce you partners. Because partnerships don’t require any government filings or certification, people working together are sometimes surprised to learn they in fact have a legally binding general partnership. Some of the legal implications of partnership are:
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