What Assets Can an LLC Own?

What assets can an LLC own? Your limited liability company can own any asset that you can title to a limited partnership. Overview of the Assets your LLC Can Shelter Second homes and vacation homes. Commercial real estate. Cars, boats, planes, etc. Equipment and other physical assets. Operating businesses. Read more on www.assetprotectionattorneys.com A business … Read more

How to Find the Owner of a Business and Close a Delaware LLC

How can you find an owner of a business? Research Strategies to Find Business Owners Make a Call. Check the Company Website. Do a Little Social Media Digging. Conduct a WHOIS Domain Lookup. Read the Better Business Bureau (BBB) Reports. Search State Databases of Registered Businesses. Contact Local Business Licensing or Regulatory Agencies. Read more … Read more

Maryland LLC: Do You Need a Registered Agent?

Does MD require a registered agent? Read more on www.northwestregisteredagent.com A registered agent is a person or firm that an LLC appoints to accept legal documents, tax notices, and other formal government notifications on the company’s behalf. In Maryland, as in the majority of states, LLCs must have a registered agent in order to conduct … Read more

Is New Mexico a Good State for an LLC?

Is New Mexico a good state for an LLC? New Mexico: With NM, you enjoy all the benefits of an LLC at a fraction of the usual cost. New Mexico acknowledges the corporate veil and provides the same limited liability as other jurisdictions. There are no annual fees or annual reports. Read more on cindysnewmexicollcs.com … Read more

How Long Does It Take for an LLC to be Approved in Illinois?

How long does it take for an LLC to be approved in Illinois? How long does it take to incorporate in Illinois? Regular processing of articles of incorporation takes about four weeks, plus an additional two or three days to mail the final documents. Regular filing time for an LLC (limited liability company) is between … Read more

Do I Need an Elective California Certificate of Status?

Do I need an elective California Certificate of status? Oftentimes, a Certificate of Status is not necessary. When you are working with an attorney, your attorney will order the Certificate for you if required as part of a business transaction. Read more on strategylaw.com If you own a business in California, you may be familiar … Read more

How Long Does an LLC Last in Michigan?

How long does an LLC last in Michigan? To do so in Michigan, you must register your assumed name with the Michigan Department of Licensing and Regulatory Affairs. You register by postal mail by filing a Certificate of Assume Name. The filing fee is $25. The registration is good for five years. Read more on … Read more

The Disadvantages of Unlimited Liability in Business

Why is unlimited liability a disadvantage? Disadvantages of Unlimited Liability. Unlimited liability makes the owners legally responsible for all the debts and liabilities of the business. In business with unlimited liability, both the business and personal assets of the owners may be at risk. Read more on www.wallstreetmojo.com The legal obligation of a business owner … Read more

Do You Need Articles of Organization for an LLC in Alabama?

Do you need articles of organization for an LLC in Alabama? The document required to form an LLC in Alabama is called the Articles of Organization. The information required in the formation document varies by state. Read more on www.wolterskluwer.com The Articles of Organization are one of the most crucial documents you will require if … Read more