Limited Liability Companies: Common Traps to Avoid
1 hour 40 minutes
Find out how to ensure your LLC meets the requirements necessary to avoid these common pitfalls.
Many persons responsible for the selection, formation, management, governance, and taxability of LLCs are not fully familiar with the most common LLC traps to avoid and how to plan to avoid them. This topic identifies common LLC traps to avoid, such as handling Charging Orders and formation traps. This material will also discuss LLC veil piercing mistakes, the problem with single member LLCs, certain partnership taxation issues, and specific LLC Operating Agreement provisions regarding members, managers, management deadlock, member disputes, sale and transferability of membership interests, securities compliance, voting, and the authority of members and managers.
- You will be able to describe certain partnership taxation traps relating to LLCs.
- You will be able to discuss the selection of single member LLCs versus single member corporations and current issues.
- You will be able to explain LLC charging orders, piercing the LLC veil, and member personal liability.
- You will be able to identify LLC traps regarding drafting LLC operating agreement provisions and protecting members, managers, and the company.
To register for this live webinar please dial 1-866-411-6211.