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Review: “My family has several challenges such as mixed family members and different levels of income. Mr. Wilson was able to evaluate our needs and develop an estate plan that will provide for our needs and wishes. Since settin...
Practice areas: Limited Liability Company (LLC), Business, Real Estate, Estate Planning, Corporate & Incorporation
Jim was raised in Grand Rapids, and after graduating from Union High School, he earned his Bachelor of Arts degree from Alma College in 1984 where he majored in Economics and Psychology. He earned his Juris Doctorate from the Thomas M. Cooley Law ...
Practice areas: Limited Liability Company (LLC), Employment & Labor, Criminal Defense, Divorce & Separation, General Practice
I started practice in California in 1983, working in insurance defense litigation and business transactions. In 1994 we moved to Grand Rapids, Michigan to join my present firm. I serve as general business and corporate counsel to a wide variety ...
Practice areas: Limited Liability Company (LLC), Contracts & Agreements, Commercial, Business, 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.