Lindsey Crossmier has been a financial writer since 2022, and has been regularly quoted as an expert in outlets such as U.S. News, GOBanking Rates and Yahoo! Finance. She leverages her Yale financial ...

When starting your limited liability corporation (LLC), one of the first things you’ll have to do is decide what kind of LLC you want to build. Some are small ventures run by one person or a family.

Looking to protect your assets and simplify the process of starting a business? Look no further than the Limited Liability Company (L.L.C.). This versatile business structure offers limited liability ...

When you decide to set up a new business as a limited liability company, you benefit from a legal structure that gives you and your partners, known as members, great flexibility in running the company ...

Many business owners don't realize the limited liability company structure has several variations. LLC, PLLC, foreign LLC, series LLC, member-managed LLC, manager-managed LLC — oh, my! Indeed, there's ...

Consider the following hypothetical: The operating agreement of an LLC vests management authority in its two members. In practice, and by informal mutual consent, only one of the members actively ...

Under California’s Revised Limited Liability Company Act (“RULLCA”), LLC participants have substantial freedom to structure their relationship in a customized manner under their governing operating ...

A limited liability company is a type of business entity that is recognized in every state. The concept of the LLC structure is to give some legal protection to the owners, while keeping bookkeeping ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. An LLC operating agreement is a legal document that outlines ...

Members control their own fate, but they tempt that fate unnecessarily if they wait until it is too late to review the LLC's operating agreement. New Jersey's Revised Uniform Limited Liability Company ...