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
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
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
Member Managed vs. Manager Managed LLCs. Which to choose? When forming an LLC, the question of member managed vs. manager managed often comes up. Recently my son went on his state website to start his own LLC. He down loaded the document and began answering the questions
