A question commonly asked is, "what is an operating agreement for an LLC?" There are all kinds of answers and definitions. Some answers are overly complex and make you sorry that you asked. The term “operating agreement” in very simple terms is a contract. It's an agreement, nearly always in … [Read more...] about What Is An Operating Agreement For An LLC?
LLCs
How Much Does LLC Maintenance Cost?
LLCs require time and attention that has a cost. In most instances, the expense is well worth the protection that comes with an LLC. The cost of LLC maintenance can vary depending upon you and how you manage your LLC. The internal impact along with the external expenses will be discussed in more … [Read more...] about How Much Does LLC Maintenance Cost?
Latest Legal Trend: Getting Past Your LLC To You!
I just finished a legal seminar with some LLC updates. Lawyer Conference Emphasizes Direct Attack On LLCs The last year or so, we have observed a growing number of conferences discussing how to get past an LLC to collect from the owners or members personally. Trends that you see in the … [Read more...] about Latest Legal Trend: Getting Past Your LLC To You!
How To Set Up Your Oklahoma LLC For Free
Set up your LLC for free, are you kidding? Your "Free LLC" May Be Expensive Nothing is “free”! Everything in life comes with a price! Free LLC set up comes at a price that is never really “free “ - you pay the price! In the old days, you heard people say, “there’s no free lunch!” Human … [Read more...] about How To Set Up Your Oklahoma LLC For Free
The Number 1 Reason People Start An LLC
The top priority of business owners choosing to start an LLC is protection against liability. The desire to keep personal family assets and accumulated wealth safely tucked away is the key concern, particularly with the rising number of lawsuits challenging LLCs. Many entrepreneurs start multiple … [Read more...] about The Number 1 Reason People Start An LLC