What Happens to My LLC Interest When I Die? Buy Sell Tips

By incnow April 7, 2014

Your first question may be, what exactly is my LLC interest. In short, your LLC interest is your bundle of rights and privileges defined by LLC members in the LLC operating agreement unlike corporate stock, it is not usually held in the form of a membership certificate. Instead, it is usually set forth in the […]

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Is an Office Address Required to Incorporate in Delaware?

By incnow March 3, 2014

One of the most commonly asked questions is whether a business address or physical address is a requirement to incorporate in the state of Delaware.  Both domestic and international customers ask this question.  Since most of the businesses filed in Delaware are located outside Delaware; this is a common concern. Do not let this concern […]

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Delaware LLC Charging Order is Not Just Exclusive Remedy, Also “Sole” Remedy

By John Williams August 5, 2013

A new Delaware law confirms that the charging order is the sole and exclusive remedy for judgment creditors. This means that other remedies, such as attaching, garnishing, and foreclosing on the interest are not permitted under Delaware law. Charging orders mean that a debtor’s interest can only be assigned to a judgment creditor, giving only […]

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Can I operate a Delaware corporation or Delaware LLC anywhere in the United States?

By John Williams December 12, 2012

[youtube]http://www.youtube.com/watch?v=LnawpFd-CVI[/youtube] While the thought of Facebook may conjure up images of Justin Timberlake scheming plans in sunny Palo Alto, a lot of people would be surprised to learn that they incorporated in Delaware. Facebook also had to file a Certificate of Authority in California which is different from re-incorporating in California. Instead Facebook in California […]

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International Incorporation: How difficult is it to form a single member Delaware LLC from outside the United States?

By John Williams October 24, 2012

If you live outside the United States you shouldn’t feel overwhelmed by the international incorporation process. The international incorporation process is actually remarkably simple. You do not need to be a US Citizen to be a member of a Delaware LLC. The Delaware LLC can be owned entirely by foreigners outside the United States. Or […]

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Why Attorneys SHOULD use the Series LLC – Upcoming ABA Conference Call

By John Williams September 28, 2012

John Williams will be presenting a “hot topics” conference call with the American Bar Association’s Real Property Trusts and Estates Section’s subcommittee on Partnerships and LLCs to discuss why attorneys SHOULD use series LLCs in real estate transactions. This call is tentatively scheduled for mid January, 2013. Items to be discussed will include common applications […]

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