19 02, 2019

Transferring LLC Membership Interests Part 2—Voluntary Transfers

By |2019-02-16T16:18:27+00:00February 19th, 2019|Categories: Business Formation, Business Planning, Contracts|Tags: |0 Comments

An LLC affords its members a certain amount of personal asset protection. Part of this protection hinges on the restricted transferability of LLC membership interests.  Restricted transferability protects the non-transferring members from creditors and unwelcome new members, which upholds the integrity and value of the non-transferring members’ membership interests. [...]

9 02, 2019

Stay in Control: Good LLC Governance

By |2019-02-06T19:26:51+00:00February 9th, 2019|Categories: Business Formation, Taxes|Tags: , |0 Comments

The LLC is a popular way to structure a business because it provides personal liability protection to the members-- like a corporation does to its shareholders--but without as many administrative formalities. But if you’re an LLC member, don’t let this lull you into complacency. As a business owner, you’re [...]

5 02, 2019

Does the “Corporate Veil” Really Protect Your Personal Assets?

By |2019-02-04T20:43:00+00:00February 5th, 2019|Categories: Business Formation, Business Planning, Litigation|Tags: , , |0 Comments

You may have done your homework and weighed your options. Perhaps you’ve even considered the tax and non-tax implications for common business entities. We bet you’re also intrigued by the protections certain business entities afford their owners. The “corporate veil” that protects personal assets of the business owners can make [...]

29 01, 2019

5 Reasons Your Single-Member LLC Needs an Operating Agreement

By |2019-01-28T13:06:19+00:00January 29th, 2019|Categories: Business Formation, Business Planning|Tags: , , , , |0 Comments

An operating agreement is a contract that controls your LLC’s operations as well as member interaction with each other and with the LLC. You may think that an operating agreement is not necessary for your single-member LLC - after all - why make an agreement with yourself? Is the [...]

18 01, 2019

3 Asset Protection Tips You Can Use Now

By |2019-01-14T19:21:26+00:00January 18th, 2019|Categories: Business Formation, Business Planning, Estate Planning, Questions, Taxes|Tags: , , , |1 Comment

A common misconception is that only wealthy families and people in high risk professions need to put together an asset protection plan. But in reality, anyone can be sued. A car accident, foreclosure, unpaid medical bills, or an injured tenant can cause a monetary judgment that will decimate your [...]

2 05, 2018

An Independent Contractor Needs an LLC Too

By |2018-07-02T19:26:32+00:00May 2nd, 2018|Categories: Business Formation, Litigation|Tags: , , , |0 Comments

One question I get asked is, "I'm an independent contractor for XYZ, do I need an LLC?" If you would like to schedule a consultation, we can discuss your unique situation. CONSULTATION Indepedent Contractors for Well Known Companies Many businesses such as Mary Kay Cosmetics, Beachbody, Optavia, and [...]

26 04, 2018

Limited Liability Company v. S-Corporation

By |2018-07-02T19:30:35+00:00April 26th, 2018|Categories: Business Formation|Tags: , |0 Comments

One question that I get asked, is "Which should I choose an LLC or an S-Corporation?" In the ultimate lawyer fashion, I usually respond with, "It depends." Schedule a consultation today! CONSULTATION LLC Benefits An LLC is a relatively new type of business entity.  It offers a simple [...]

25 04, 2018

Why You Should Hire an Attorney Rather Than Legal Zoom

By |2018-07-02T19:48:43+00:00April 25th, 2018|Categories: Business Formation|Tags: , , |0 Comments

A common question I get asked is, "Why should I hire you instead of Legal Zoom?" If you are in California or would like to form a California business entity please schedule a consultation today. CONSULTATION There are several reasons why you should hire me and not Legal [...]

24 04, 2018

Surprise! It’s a Corporation!

By |2018-07-02T19:50:49+00:00April 24th, 2018|Categories: Business Formation|Tags: , , , |0 Comments

Perhaps the question that I get asked the most is, "If an LLC gives me liability protection and pass-through taxation, why would I want to form a corporation?" If you're in California or plan on forming a business in California, please schedule a consultation.  We will discuss the best [...]