1 Thou and Ye Forms.  2 As early as the late thirteenth century, the second person plural forms (ye, you, your) began to be used with singular meaning in circumstances of politeness or formality, leaving the singular forms (thou, thee, thy/thine) for intimate, familiar use.
Limited Liability Company. You and your spouse may operate a personal business as an LLC. This type of business structure is authorized and regulated by the individual states, but is not recognized by the IRS as an entity for federal income tax purposes.
Limited liability company owners are called members. A member in an LLC is almost synonymous with a partner in a partnership -- generally, an LLC member has a voice with regard to managerial decisions and has the right to receive a percentage of the LLC profits, just like a partner in a partnership does.