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LLC Basics

Single Member LLCs Corporate Shield at Risk

On June 27, 2013   /   LLC, LLC Basics, LLC Formation   /   Leave a comment

Single member LLCs corporate shield protection has been called into question by a few state courts and laws. LLCs or Limited Liability Companies are unique, because they are designed to give the owner a “corporate shield” that protects them from liabilities of the company. This shield is

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Business Structure -What Should I Use?

On May 8, 2013   /   LLC, LLC and Taxes, LLC Basics, LLC Formation   /   Leave a comment

Business structure should be the fundamental consideration for asset protection and ease of administration when starting a business. Unfortunately many people miss this point when they start their business because it is not their primary interest “at the moment.” They don’t understand or care about the essential

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LLC Yourself? Anyone Can Do It

On January 8, 2013   /   LLC, LLC and Taxes, LLC Basics, LLC Formation   /   Leave a comment

LLC yourself or form an LLC company without a lawyer? Sure, you can do it yourself. The forms are not complicated and can be easily filled out and filed. In fact, most states have a set of “fill in the blank” Articles of Organization available on the

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Membership Interests in an LLC

On January 3, 2013   /   LLC Basics, LLC Formation, Membership Certificate   /   Leave a comment

Membership interests or certificates represent ownership in an LLC. It is similar to “stock” held in the corporation. Of course, there isn’t any stock in an LLC, but rather membership interests. I mention stock because the membership interests need to be treated just like stock would be

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