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 […]
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What Is An LLC Membership Certificate? LLC membership certificates look like stock certificates issued by a corporation, however, they do not function in the same way. The certificate lists the name of an LLC member and details their ownership interest in the company. The law does not require LLCs to issue membership certificates. This is […]
Continue Reading Maintenance, Fees, and Taxes Both Delaware and Wyoming have low filing fees, however in accordance with prices, Wyoming barely scratches by with a slightly lower filing fee. Wyoming’s minimum filing fee is $100. In contrast Delaware’s minimum filing fee is only $10 more at $110. With regards to initial filing fees, if you want a […]
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Why Do Business Owners Want to Pause an LLC? When business owners inquire about pausing an LLC, they typically refer to temporarily ceasing operations without permanently dissolving the entity to save on government and registered agent maintenance fees. The goal is often to avoid ongoing fees, annual reports, and compliance requirements while preserving the LLC, […]
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Fenwick Island Artificial Entity Voting Lawsuit: Background and Latest Developments The debate over artificial entity voting in Fenwick Island, Delaware has become one of the state’s most closely watched election law disputes. As of October 2025, more than 200 artificial entities, including LLCs, corporations, partnerships, and trusts, were registered to vote in Fenwick Island’s municipal […]
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Why Do You Need an LLC? Forming a Limited Liability Company (LLC) provides immediate benefits and long-term protection, making it one of the most popular business structures in the U.S. From the start, an LLC can offer potential tax flexibility, increased credibility, and the ability to present yourself as a founder or CEO of a […]
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