Belmont LLC Attorneys — 2 found

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  1. Belmont Limited Liability Company (LLC) Lawyer Robert D. Vale

    Bob has been practicing law in San Mateo since 1982. He is a native of the peninsula. Interests include rowing, tennis and soccer when he is not practicing law. Bob is married to Chris... more
    Licensed for 33 years


  2. Belmont Limited Liability Company (LLC) Lawyer Joann Corti Covington

    Redwood City, CA Limited Liability Company (LLC) Lawyer
    Licensed for 22 years
    Not yet reviewed


Belmont LLC lawyers

5.0 out of 5.0
Based on 1 reviews
Belmont, CA

Limited Liability Company (LLC)

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.