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Mayfield & Associates was founded on the principle of providing ethical and cost effective representation for individuals and small to medium-sized businesses. Drawing from over twenty years of real world business experience, we understand the sp...
Practice areas & skills: Limited Liability Company (LLC), Employment & Labor, Corporate & Incorporation, Business, Real Estate
Review: “Nikki has been my business attorney for the past four years. Nikki came highly recommended by a friend and fellow San Diego business owner. Nikki proved to be invaluable in assisting me with the incorporation of my law fi...
Practice areas & skills: Limited Liability Company (LLC), Mergers & Acquisitions, Trademark Application, Corporate & Incorporation, Business
Bob has over 14 years' experience in sophisticated real estate and business transactions, as both an outside attorney and in house counsel with regional and national investment companies. As both an an attorney and principal, he is experienced in ...
Practice areas & skills: Limited Liability Company (LLC), Business, Corporate & Incorporation, Real Estate
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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.