Centennial LLC Attorneys — 2 found

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  1. Centennial Limited Liability Company (LLC) Lawyer Herrick K Lidstone Jr.

    Herrick Lidstone

    Centennial, CO Limited Liability Company (LLC) Lawyer
    Licensed for 37 years
    Not yet reviewed


  2. Centennial Limited Liability Company (LLC) Lawyer Larry S Schwartz

    Larry Schwartz

    I've been practicing business law in Colorado for more than 30 years. I began my career at a major Denver law firm where I was a partner in the business department. After that, I... more
    Licensed for 32 years - $180-$240/hour


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.