Should a Real Estate Broker Have an LLC?

Should a real estate broker have an LLC? Is an LLC good for a real estate brokerage? Yes. An LLC will give you personal liability protection against potential business risks as well as give your real estate brokerage more tax options and credibility. It is relatively inexpensive and simple to form and maintain an LLC. … Read more

Is Certificate of Organization Same as Certificate of Existence?

Is certificate of organization same as certificate of existence? A Certificate of Existence is not the same as a Certificate of Incorporation or a Certificate of Organization. Read more on www.upcounsel.com There are numerous legal documents that must be filed in order to create a corporate corporation. The Certificate of Organization and the Certificate of … Read more

Understanding LLC Series in Illinois: A Comprehensive Guide

What is an LLC series in Illinois? A series LLC in Illinois is a special type of LLC that provides specific liability and tax benefits to its owners and members. The series LLC consists of a master LLC and one or more individual series that branch off from it. Read more on howtostartanllc.com There are … Read more

How to Create a Multi-Member LLC in Florida

How do I create a multi-member LLC in Florida? Doing so requires you to take the following steps: Check to ensure your LLC name is available. Name a registered agent. Decide on the type of entity you want. Pay the filing fee. Craft your operating agreement. Obtain your Employer Identification Number (EIN). Read more on … Read more

Does an LLC Expire in Michigan?

Does an LLC expire in Michigan? The State of Michigan requires you to file an annual statement for your LLC. (The one exception is for new LLCs formed after September 30 of the preceding year, which don’t need to file a statement on the February 15 immediately succeeding the date of formation.) Read more on … Read more

Which Business Has Perpetual Existence? Exploring Delaware LLCs

Which business has perpetual existence? Perpetual Existence for Corporations. Corporations are said to have “”perpetual existence,”” a term that might be a bit confusing at first glance. After all, corporations do go out of business or are otherwise dissolved, and at that point they no longer exist in the eyes of the law. Read more … Read more

Adding an Owner to a LLC in NJ: A Guide

How do I add an owner to a LLC in NJ? You can file the L-102 form, also known as a certificate of amendment, to amend the certificate of formation. In addition, you can file one of several forms found in the New Jersey Business Registration Packet. Both the L-102 and packet are available on … Read more

Florida Recognizes PLLC: Everything You Need to Know

Does Florida recognize PLLC? Florida allows professionals to form both PLLCs and PCs, and both PLLCs and PCs provide liability protection for, respectively, their members or shareholders. Because the protection is essentially the same for both PLLCs and PCs, but PLLCs are simpler to create and operate, many professionals prefer the PLLC structure. Read more … Read more