I founded this firm in 1997. At that time, I had a handful of clients and made quite a leap of faith by branching out on my own. However, I had a great mentor, Paul B. Rodbell, Esq., and truly helpful experience through earlier employment at two...
Practice areas & skills: Limited Liability Company (LLC), Banking, Administrative Law, Estate Planning, Land Use & Zoning
Ed Price is the founding partner of Price & Keir, LLC. His background as a private practice attorney and general counsel for a private company has provided him the experience to serve as a well-rounded business lawyer and advisor.
Practice areas & skills: Limited Liability Company (LLC), Real Estate, Corporate & Incorporation, Contracts & Agreements, Business
A Baltimore native, educated at Loyola College (University) and University of Baltimore. Adjunct faculty for BCCC and University of Maryland system. Past President of Baltimore Real Estate Investors Association. Principal of Stonegate Title Co....
Practice areas & skills: Limited Liability Company (LLC), Business, Commercial, Real Estate, Trusts
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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.