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James is the Managing Partner at the young and forward thinking, business law firm Albuquerque Business Law, P.C. in Albuquerque, New Mexico with a primary focus on General Counsel, Business Litigation, Mergers & Acquisitions, Reorganization, B...
Practice areas: Limited Liability Company (LLC), Chapter 11 Bankruptcy, Business, Mergers & Acquisitions, Chapter 7 Bankruptcy
Steve is an experienced business attorney with over 36 years of experience. Once a litigator, then a general counsel for a prominent accounting firm in Albuquerque, then a business valuations expert and more, Steve has written many articles and...
Practice areas: Limited Liability Company (LLC), Contracts & Agreements, Commercial, Corporate & Incorporation, Mergers & Acquisitions
As an experienced Attorney, I work with clients to draft Trusts and Wills, with the objective of preserving wealth, planning for a smooth transfer of assets, and the avoidance of probate. For those clients that need to engage in the probate proces...
Practice areas: Limited Liability Company (LLC), Trusts, Estate Planning, Probate
Robert M. Hall is a charter member and partner of the Albuquerque, New Mexico law firm of Hall & Rice, LLC. Mr. Hall graduated from Brigham Young University earning a Bachelor of Arts Degree. He received his Juris Doctor degree from the University...
Practice areas: Limited Liability Company (LLC), Partnership, Business, Elder Law, Guardianship
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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.