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Choosing the right legal home for your business requires a clear understanding of each state’s unique legal and regulatory landscape. Delaware is considered the gold standard for business formation.
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Business Insights How to Protect Real Estate Investments From Business Liabilities
Real estate is passive and not a lightning rod that attracts liability. Real estate is also a large store of value. If the restaurant company holds title to the real estate, then you have taken a big risk that was easily avoidable. You should never let real estate be exposed to creditors of the business. […]
Delaware LLC What Is a Delaware Charging Order?
If a business owner is personally sued and loses, the business owner’s LLC interest may be subject to attachment by the judgment creditor if the business was not formed as a Delaware LLC. A Delaware LLC is unlike the LLC of most states. By statute, a Delaware LLC limits the creditor to just a single […]
LLC How To Manage LLC Capital Contributions and Distributions
What is a Capital Contribution? A capital contribution refers to the cash or property that owners provide to their business. LLC members typically make initial capital contributions when opening the business and may contribute more throughout the company’s lifetime. Initial capital contributions often play a significant role in determining a member’s ownership percentage in an […]