About Limited Liability Company (LLC) Legal Forms Software

About Limited Liability Company (LLC) Legal Forms Software
Web page about business structure, to protect income, sole proprietorship, business partnership, incorporation, limited liability company documents, definition, advantages, tax liability, legal liability, personal liability

There comes a time in the life of a business when the owner or owners, have to decide on the best corporate structure. Should the business continue as a sole proprietorship or partnership, or should it be incorporated. One may be too simple, and the other too intricate... that's when a Limited Liability Company (LLC) may need to be formed.

However, like incorporation, there are a lot of things to consider as to which structure to adopt, and, either will cost a lot of money in legal and lawyer's fees. Fortunately, with the proper documents and technical and legal assistance, you might be able to structure your business as a Limited Liability Company (LLD).

WHY CHOOSE A LIMITED LIABILITY COMPANY (LLC) BUSINESS STRUCTURE?

An LLC is a separate entity from the individuals who own it. This is similar to an incorporated business, where the owners, shareholders, have a degree of protection of personal property in the event of business decisions or events that result in legal actions against the business.

Additionally, in an LLC:

Taxes of the business are not taxes of the owners.

Individual owner assets are protected in the event of legal actions against the company.

There is greater flexibility in management structure and actions than in a more rigid incorporated business entity.

Benefits of the Standard Legal LLC Software:

Legally valid in all states and the District of Columbia

Created and written by experienced attorneys

Most up-to-date content

Easy to follow, step-by-step instructions

Immediate access to all forms with all devices via online download

Free technical support

Save money on legal fees

Attorney referral for special circumstances

100% money back guarantee

Business growing past partnership or single owner stage but not quite ready to incorporate? A limited Liability Company can relieve a lot of the legal pressures, including your personal liability for the actions of the business.

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