Unless the transfer is prohibited by the LLC's Articles of Organization or Operating Agreement the owner of one LLC can transfer ownership to a...

Any reasons to use or not to use a Business Trust?

The type of entity to form is dependent on the activity of the entity after it is formed and the state or states where the entity will do business....

What to cheese: PC or S-Corp? Do I need Lawyer to do it, or I do it on-line or ask my CPA?

You should contact an Arizona business/LLC attorney because your text tells me that you have a lot of misconceptions that need to be cleared up. ...

What business structure should I use to start a new venture?

You always want to operate a business through an entity that shields the owner(s) from the debts and obligations of the business. Before the...

S-Corp or Partnership for tax purposes?

When you apply for an EIN the IRS asks how the LLC will taxed on the application, but the answer you give is not binding on your LLC nor does it...

Can an LLC owner be sued personally?

The general rule is that the owners (called members) of an LLC are not liable for the debts and obligations of the LLC. There are exceptions,...

Discuss Please

Repeat after me three times: Never ever ever operate a business as a general partnership because EVERY partner is 100% liable for everything that...

I own 50% of a California LLC that owns three properties. Can I sell my 50% to anybody or do I need the approval of my partners?

Did the members sign an agreement that restricts or prohibits transfers? If so, you are bound by the agreement. If not, you will need to research...

I would like to form a fitness llc in arizona.

Arizona LLC law requires that the Articles of Organization filed with the Arizona Corporation Commission to form the LLC state if the LLC will be...

I am L2 Visa, Can I start a Company in US?

I am an Arizona business lawyer who has formed over 2,450 Arizona limited liability companies, many of which are owned by people who are not U.S....