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//Tag: Operating Agreement
7 02, 2019

Transferring LLC Membership Interests Part 1—An Overview

By |2019-02-05T11:43:13-07:00February 7th, 2019|Categories: Business Planning|Tags: , , , |0 Comments

Say you are a member of an LLC. You own membership interests in the LLC. However, what if you want to leave the LLC? What if you get a divorce? What if you have creditors seeking immediate repayment? What can you do with your membership interests? The answer depends [...]

29 01, 2019

5 Reasons Your Single-Member LLC Needs an Operating Agreement

By |2019-01-28T13:06:19-07:00January 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 [...]