When to hire a Limited Liability Company (LLC) Lawyer
Creating a limited liability company, or LLC, is one of several ways to structure a business. The ... more
Creating a limited liability company, or LLC, is one of several ways to structure a business. The other choices are general, limited, or limited liability partnerships. A shareholder in an LLC is not personally liable for any of the debts of the company, other than for the money they invested in that company. In a general partnership, all partners manage the business and are personally liable for its debts. In limited partnerships, partners' liability is limited and they have no voice in the decision-making. And in a limited liability partnership (LLP), all partners have some degree of limited liability. A lawyer with LLC experience can help you determine if forming an LLC is advantageous and appropriate for your business. If you decide to form an LLC, the attorney can draft the paperwork you need to formalize your choice, including provisions for management, ownership transfers, and profit and loss distributions. less
This lawyer has not been rated because we do not have sufficient information to calculate a rating, or because a rating would not be useful (e.g., the lawyer is retired or deceased).
We have found information in this lawyer's background that we feel we should bring to your attention.
We have not found any information in this lawyer's background that is, in our opinion, concerning.
This lawyer has been sanctioned by a state disciplinary authority.
We have not found any information in this lawyer's background that is, in our opinion, concerning.
Research Limited Liability Company (LLC) Legal Issues
Loading...