Woodland Hills LLC Attorneys — 2 found

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  1. Woodland Hills Limited Liability Company (LLC) Lawyer Neal Naro Chilingirian

    Neal Chilingirian

    Client Review: Neal's incredible breadth of legal knowledge is only surpassed by his unbelievable depth of knowl...
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    Licensed for 17 years - $300-$450/hour
    AVVO
    RATING

    9.3

  2. Woodland Hills Limited Liability Company (LLC) Lawyer Robert Lee Scott

    Robert Scott

    Director: Mulholland Institute Over 40 years experience in the realm of business and consulting Over 25 years experience in the practice of law -- President Los Angeles City Planning... more
    Licensed for 33 years
    Not yet reviewed
    AVVO
    RATING

    6.5

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.