About LLCs
The LLC is the most popular type of Delaware business formation. In these blogs, we examine all aspects of LLCs, including LLC Operating Agreements.
Renewing a Canceled Delaware LLC
By
Justin Damiani
Tuesday, March 11, 2025
Even if you cancel an LLC, it can be renewed at a later date. Find out about the necessary fees & documents involved in the Delaware LLC renewal process... Read More
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Even if you cancel an LLC, it can be renewed at a later date. Find out about the necessary fees & documents involved in the Delaware LLC renewal process... Read More
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Mistakes to Avoid When Adding a Registered Series
By
Brett Melson
Monday, February 3, 2025
Clients attempting to file on their own have been met with confusion and frustration as their filings are rejected. Here are two of the reasons why they’ve been having trouble... Read More
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Clients attempting to file on their own have been met with confusion and frustration as their filings are rejected. Here are two of the reasons why they’ve been having trouble... Read More
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Registered Series LLC Vs. Protected Series LLC
By
Brett Melson
Monday, December 30, 2024
Effective August 1, 2019, the Delaware Legislature amended the statute’s series LLC provisions. The amendments create a new type of “Registered Series,” but also allow series LLCs to continue as before, now called the Protected Series... Read More
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Effective August 1, 2019, the Delaware Legislature amended the statute’s series LLC provisions. The amendments create a new type of “Registered Series,” but also allow series LLCs to continue as before, now called the Protected Series... Read More
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Can You Have Multiple Businesses Under One LLC?
By
Rick Bell
Monday, September 16, 2024
It is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a "Fictitious Name Statement" or a "DBA" (also known as a "Doing Business As") to operate an additional business under a different name... Read More
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It is possible and permissible to operate multiple businesses under one LLC. Many entrepreneurs who opt to do this use what is called a "Fictitious Name Statement" or a "DBA" (also known as a "Doing Business As") to operate an additional business under a different name... Read More
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LLC Tax Status Options
By
Brett Melson
Monday, July 1, 2024
An LLC offers the limited liability of a corporation and flexible taxation. To file and form both an LLC requires little to no personal information, and Harvard Business Services makes the process simple and convenient. In this article, learn about LLC taxation options including: Disregarded Entity Status, the Partnership Tax, and S-Corp Election.. Read More
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An LLC offers the limited liability of a corporation and flexible taxation. To file and form both an LLC requires little to no personal information, and Harvard Business Services makes the process simple and convenient. In this article, learn about LLC taxation options including: Disregarded Entity Status, the Partnership Tax, and S-Corp Election.. Read More
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Preserving Family Business Ownership with a Delaware LLC
By
Brett Melson
Monday, May 13, 2024
A Delaware LLC can be very flexible when it comes to preserving ownership in the family business you've worked so hard to create. In fact, an LLC has the potential to preserve ownership for future decades... Read More
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A Delaware LLC can be very flexible when it comes to preserving ownership in the family business you've worked so hard to create. In fact, an LLC has the potential to preserve ownership for future decades... Read More
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LLC Change of Ownership Checklist
By
Brett Melson
Tuesday, April 23, 2024
Members of an LLC may change the LLC’s ownership and the terms governing its management and operation by amending its operating agreement. Here are five parties you’ll want to inform when you do so to avoid putting your company at any undue risk... Read More
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Members of an LLC may change the LLC’s ownership and the terms governing its management and operation by amending its operating agreement. Here are five parties you’ll want to inform when you do so to avoid putting your company at any undue risk... Read More
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The Perils of LLC Flexibility (Part 2) – Key Issues an Operating Agreement Must Address
By
Jarrod Melson, Esq.
Tuesday, December 5, 2023
When drafting your LLC Operating Agreement, it’s important to include sections about how to remove a manager, remove a member, and solve a deadlock... Read More
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When drafting your LLC Operating Agreement, it’s important to include sections about how to remove a manager, remove a member, and solve a deadlock... Read More
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General Partnership vs Limited Partnership
By
Devin Scott
Monday, December 4, 2023
When partnering with a company or an individual, it is often important to know exactly what your roles, duties, and liabilities may be. There are two common types of partnerships that often get confused: general partnership and limited partnership... Read More
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When partnering with a company or an individual, it is often important to know exactly what your roles, duties, and liabilities may be. There are two common types of partnerships that often get confused: general partnership and limited partnership... Read More
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LLC Charging Orders – An LLC’s Limited Liability from Its Members
By
Jarrod Melson, Esq.
Tuesday, November 14, 2023
While LLC members are protected from personal liability, creditors can still get a charging order for compensation. Learn more about LLC charging orders today... Read More
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While LLC members are protected from personal liability, creditors can still get a charging order for compensation. Learn more about LLC charging orders today... Read More
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