North Potomac LLC Attorneys — 3 found

Lawyers with

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1.0 to 10.0

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  1. North Potomac Limited Liability Company (LLC) Lawyer Mark Michael Brandsdorfer

    Mark Brandsdorfer

    Gaithersburg, MD Limited Liability Company (LLC) Lawyer
    Licensed for 21 years
    Not yet reviewed
    AVVO
    RATING

    7.5

  2. North Potomac Limited Liability Company (LLC) Lawyer Suzanne Levant Rotbert

    Suzanne Rotbert

    Rockville, MD Limited Liability Company (LLC) Lawyer
    Licensed for 28 years
    AVVO
    RATING

    8.7

  3. North Potomac Limited Liability Company (LLC) Lawyer David C Merkin

    David Merkin

    Rockville, MD Limited Liability Company (LLC) Lawyer
    Licensed for 22 years
    Not yet reviewed
    AVVO
    RATING

    6.7

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.