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Q.Do I need an attorney to form an LLC?

A.No, an attorney is not a legal requirement, but with non-lawyer formation services typically they will provide you with fill-in-the-blank forms (form Operating Agreement, form Organization Minutes, and form Membership Interest documents). When these basic forms are used many of the potential benefits afforded by the LLC can be lost. Moreover, you are left on your own as to subsequent record keeping. And worse yet, you have lost the single greatest benefit afforded by the LLC—the ability to customize the relationship of the members to best suit the member's needs.




© Copyright 1999-2024 Melissa C. Marsh. All Rights Reserved. All Information on this website is subject to a Disclaimer and Use Agreement. This information is provided as general information only and should not be construed as legal advice. We advise you to seek the advice of competent legal counsel to address your own specific questions, facts and circumstances.