About Boyum Law Boyum Law is a law firm focusing on estate planning, trust... more
About Boyum Law Boyum Law is a law firm focusing on estate planning, trust administration, and business planning issues. Based in Omaha, Nebraska, our mission is to provide residents of Nebraska and western Iowa with quality estate planning resources, such as assistance with Living Trusts, Wills, Probate, Trust Administration, Powers of Attorney, Living Wills, Irrevocable Trusts, Family Li... view profile
As an attorney, I am a general practitioner with focus in the areas of civil... more
As an attorney, I am a general practitioner with focus in the areas of civil litigation, business law, and real estate. In my civil litigation practice, I represent individuals and businesses in resolving various legal issues, including disputes arising from accidents causing personal injury, as well as cases involving medical malpractice, breach of contract, construction projects, debt collec... view profile
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.