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Review: “I have been represented by Shawn French for over 4 years on a wrongful foreclosure brought by a bank not even associated with my home loan. I am a victim of the dreaded robo-signed documents. Mr. French is extremely know...
Practice areas & skills: Limited Liability Company (LLC), Bankruptcy & Debt, Litigation, Foreclosure
Review: “Attorney Justin Price assisted my organization from its beginning with a friendly and helpful demeanor, confident insights, promptness, and an efficient plan to resolve current issues while anticipating the horizon. He i...
Practice areas & skills: Limited Liability Company (LLC), Workers Compensation, Personal Injury, 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.