An Introduction to Limited Liability Companies
Duration: 90 minutes
Speaker: Jeffrey R. Matsen
Webinar Description
Limited Liability Companies or "LLCs" have become the entity of choice for many small business owners and real estate investors. This introductory webinar is designed to be a review and explanation of all of the basic factors involved in properly setting up and utilizing the LLC, both from a business standpoint and also from an estate planning and asset protection standpoint. The webinar will take you step by step through the selection, formation, and operational issues involving the LLC. The tax and nontax features will also be highlighted. The webinar will also explain when and why a single member LLC becomes the entity of choice. These LLCs have different business and tax considerations than do multi-member LLCs. Attendees will also learn the important issues involved in drafting the single member LLC Operating Agreement.
Agenda
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Why select the LLC entity option?
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Organizing and setting up the LLC and drafting the Operating Agreement
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Tax issues relating to the LLC
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The use of LLCs for asset protection purposes
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Practical advantages in using the LLC form of entity
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Fundamentals of the Single Member LLC
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Tax and non-tax considerations
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When can a single member LLC shield of liability be pierced?
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The Advance Custom Builders case: Does it make the single member LLC irrelevant?
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What is a charging order, and how does it impact the Single Member LLC?
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The compelling logic of the Albright case
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Wyoming and Nevada Single Member LLC statutes
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The Series LLC
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The Single Member LLC Operating Agreement
Logistics
- 90-minute webinar (Travel-Free) delivered over the Internet.
- Unlimited listeners per connection - bring the entire department.
- Q&A session with the expert.
This event will be presented live with a PowerPoint presentation to be viewed on your computer. You may listen to the audio of the webinar by telephone or through your computer. The PowerPoint slides will be provided shortly before the event. Once you register, you will receive an email which is your receipt and which includes your instructions for dialing in and logging on. You will also receive an email reminder 24 hours before the webinar.
What is a webinar?
A webinar is a live Internet based seminar. Webinars are a way for participants in many different locations to see and hear a presentation and view PowerPoint slides. You can also have your colleagues attend the webinar using one connection.
What kind of equipment do I need?
You will need a computer with an Internet connection (high speed service such as DSL or cable works best) and a telephone. You may listen to the webinar through your computer speakers, in which case you will not need to use a telephone connection. Internet access is not required for phone-only participants, but you will not be able to see the speaker’s slides.
How can I share the webinar with my colleagues who may not be able to attend the event?
CDs of each program will be available for sale and can be shared with your business associates.
Can I get a copy of the PowerPoint slides used in the webinar?
The PowerPoint slides will be available on the materials page link in the confirmation email that will be sent to you no later than the morning of the day a webinar is presented.
How do I ask a question during the webinar? Will my question be answered during the presentation?
A question and answer session will be scheduled at the end of each webinar. You can then ask a question by typing it into the question box that will be provided to you duringthe webinar. You may also ask a question through the telephone connection. As many questions as possible will be answered during the Question and Answer period.