Single Member LLCs
There are 31 links below, each discussing an important element of my Single Member LLC Packages.
Single Member LLCs have just one owner (“LLC owner/member”), can be taxed as corporations or “disregarded entities”, and when properly organized offer better asset and liability protection than a corporation or sole proprietorship.
These 31 areas discussed in the links below highlight how my firm’s Single Member LLC Packages stress LLC asset and liability protection, promote LLC owner/member education, and attempt to reduce future LLC expense.
The fees and costs for my Single Member LLC Packages are listed at “Fees and Costs”.
The first group below is everything included in a Single Member LLC Package other than the LLC Operating Agreement. The remaining three groups relate directly to the Single Member LLC Operating Agreement.
1. LLC PACKAGE ITEMS IN ADDITION TO LLC OPERATING AGREEMENT
Pre-Organization Questionnaire Letter
Attorney Letter on doing businesses as an LLC
Law Firm E-Mail Updates
Registered Agent for Service of Process
IRS Form SS-4
Sample Promissory Notes
Sample Bill of Sale
Sample LLC Annual Report
Sample LLC “Certificate of Authority”
Computer Diskette with Sample Documents
Initial Report of Corporation
IRS Form 8832
IRS Form 2553
Document Case
2. KEY CONCEPTS AND PROVISIONS - LLC OPERATING AGREEMENT
Single Member LLCs Need LLC Operating Agreements
LLC Operating Agreements
“Term” LLC
“Manager” Managed LLC
South Carolina Statutory Default Rules
“Mandatory” Rules of the South Carolina LLC Act
Fiduciary Duties in Single Member LLCs
3. TAXES, CAPITALIZATION, WIND -UP, TRANSFER - LLC OPERATING AGREEMENT
Corporate Tax and S-Corp Status Language for LLC Operating Agreements
Disability of LLC Owner/Member
Death of Owner/Member-Transfer of LLC Interest
Winding Up LLC
4. OTHER IMPORTANT PROVISIONS - LLC OPERATING AGREEMENT
Potential Manager
Single Member LLC Fiduciary Duties and Alternative Dispute Resolution
LLC “Certificates of Authority”
Limit Impact of Future Amendments to LLC Act
Title of Statutes Cited in LLC Operating Agreement
Highlight Important Terms in LLC Operating Agreement
Make the LLC a Party to LLC Operating Agreement
