Charles R. Smith was admitted to the practice of law in 1987 and has since that time... more
Charles R. Smith was admitted to the practice of law in 1987 and has since that time sought to provide sound advice and quality representation to his clientele. Among his goals is to put the interest of the client first and to empower the client with valuable and relevant information whenever possible. Charles spent his primary youth in the city of his birth, Winona, Minnesota. Followin... view profile
I advise and represents clients in real estate, financing and business transactions... more
I advise and represents clients in real estate, financing and business transactions in Arizona, Californiaand Mexico and related litigation in Arizona. Iemphasizepractical solutions to achieve my clients' goals and protect their interests. Myreal estate practice includes commercial and residential real estate acquisitions and sales, leases, development, financing, workouts,and zoning and land u... view profile
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.