LLC Operating Agreements

The LLC operating agreement is the legally binding document that will clearly explain your rights and duties as a member. Through the operating agreement, you will customize your business to be governed exactly the way you want. A custom operating agreement will allow you to protect yourself from personal liability, reserve the ability to distribute profits and losses as see fit, and control who will manage the company.

A custom operating agreement can help members avoid future disputes and aid in tax planning and compliance. By stating your intentions in the operating agreement, you decrease the possibility of LLC veil-piercing. If your goal is to protect your assets a properly customized operating agreement can ensure managerial stability in the event of a member’s incapacitation or death.

The operating agreement is the most important document your LLC will own. Don’t trust cheap online formation companies; they are not able to give you the legal advice you need when creating a proper operating agreement. I understand the law and what can be done to protect your interests. Contact me now for a free initial consultation.