Iowa LLC Attorneys — 2 found

Lawyers with

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  1. Iowa Limited Liability Company (LLC) Lawyer Peter Arthur Mommer

    Peter Mommer

    I am a solo practioner located in central Iowa. I founded Mommer Law, PLLC in 2014 with a focus on providing affordable legal services to a larger majority of the population without... more
    Licensed for 1 year


  2. Iowa Limited Liability Company (LLC) Lawyer Cynthia Floss Sharpe

    Cynthia Sharpe

    Coralville, IA Limited Liability Company (LLC) Lawyer
    Licensed for 6 years
    Not yet reviewed

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.