Here is part II of our look at LLC’s and their use in business continuity and succession planning. III. Non-Tax Benefits of Forming an LLC. There a number of non-tax benefits that stem from formation of an LLC. Chief among these non-tax benefits are the following: . LLC members are shielded from personal liability. This [...]
Here is Part II of my answers to top ten questions I get asked by a clients or a colleagues. 6. I understand that if I organize my business as an LLC, I will not be able to provide my employees with options or some other form of equity participation. Is that correct? No. LLCs [...]
Limited Liability Companies present unique opportunities not available in partnerships and corporations for business continuity and succession planning here are some of the key advantages and distinctions.
As I have practiced over the years, I have heard some of the same questions over and over again from both colleagues and clients relating to business entities; that is, how do they differ and why when to use one type of entity over another. Here are some answers to top ten questions I get [...]
When starting a business the legal form you choose will have a significant impact on how your company will run, be taxed and protect you from liability.
With an LLC you do have several options–First you can divide up the LLC pie (so to speak) into Units–which are the equivalent of shares of stock in a corporation. For instance, Martha Stewards company issued LLC units when it went public . . . well you could have your LLC issue any number of [...]