Review: “Alice is an excellent attorney. She is very knowledgeable, trustworthy and efficient and gets the job done! Her team in her office is very friendly and always accessible. You can trust Alice and her team to make your lega...
Practice areas & skills: Limited Liability Company (LLC), Residential, Corporate & Incorporation, Real Estate, Power Of Attorney
Review: “Julienne Verdi worked within my limited budget. She doesn't waste any time, briefed me well, was always prompt in her communication, and was always punctual. She helped me win my case! ”
Practice areas & skills: Limited Liability Company (LLC), Business, Power Of Attorney, Litigation, Uncontested Divorce
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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.