The Agreement for the Dissolution of Partnership is a legal document designed for partners seeking to dissolve their partnership effectively. This agreement outlines the steps for an audit of the partnership's financials, distribution of assets, and the responsibilities of each partner in settling any liabilities. It emphasizes the equal sharing of audit costs and specifies how remaining assets and liabilities will be handled post-dissolution. Additionally, it states that the authority to manage the business will transfer to one partner, ensuring clarity in operations moving forward. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a structured approach to partnership termination. It serves as a reliable template to ensure that all necessary legal provisions are met, facilitating a smooth transition. Users can fill in specific details relevant to their case, ensuring compliance with local laws and regulations, particularly in Queens, New York. The clear instructions and format make it accessible for those with limited legal experience.