Bloomington LLC Lawyers — 1 found

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

Lawyers with

Avvo Rating

1.0 to 10.0


  1. Bloomington Limited Liability Company (LLC) Lawyer Marshall Seth Lichty

    Marshall Lichty

    Marshall cut his lawyer teeth as a litigator in a big law firm. He has done battle in multi-million dollar commercial and personal lawsuits, represented huge companies (and sued them),... more
    Licensed for 13 years - $200-$250/hour
    AVVO
    RATING

    10.0

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.