Ypsilanti LLC Lawyers — 1 found

Compare llc lawyers. Read client reviews, see Avvo Ratings, and contact them directly.

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  1. Ypsilanti Limited Liability Company (LLC) Lawyer Christopher Allyn Sevick

    Christopher Sevick

    Christopher earned his Juris Doctor from the Thomas M. Cooley Law School in Lansing, Michigan, after several years working in law enforcement at the municipal and federal level. In... more
    Licensed for 9 years - $205-$235/hour
    AVVO
    RATING

    9.8

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.