Tag Archives: LLCs
Charging Orders Protect Multiple Member LLCs
Getting involved in an LLC with business partners is a big decision. Many factors need to be considered. Usually, focus is put on the business itself—is it a viable idea? Will it make money? But sometimes we don’t give much thought to who we’re going into business with. If you’re going into business with… Read More »
Putting an LLC Interest in a Trust Could Reap Benefits
When we think of the things that we own that we want to protect from creditors, or which we want to make sure go where we want them to go when we pass, we usually think of tangible items. Cars, houses, the art collection and the cash in the bank account are usually the… Read More »
Old Ways of Running LLCs Have Changed With New Laws
There is an old car commercial for Oldsmobile, where, in order to tout changes in the vehicle, the saying went “This is Not Your Father’s Oldsmobile.” Well, just like the car, if you plan on forming your own business entities and companies—particularly LLCs—doing it the old way may get you into some trouble, as… Read More »
