Mr. Shuck has deep roots in Wyoming, having grown up in the State and receiving his Bachelor's degree in Business Administration from U.W. and his Juris Doctor from the UW College of... more
Mr. Shuck has deep roots in Wyoming, having grown up in the State and receiving his Bachelor's degree in Business Administration from U.W. and his Juris Doctor from the UW College of Law. An avid hunter, fisherman, skier, and outdoorsman, Mr. Shuck and his family have chosen to make Wyoming home. We look forward to helping you with your legal needs. A copy of Mr. Shuck's Curriculu... 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.