Yes, but not in the way that you think. There is a growing sentiment among popular online advice columnists and bloggers that LLCs can help you avoid a large amount of tax, and that therefore everyone should have an LLC, even if they are not running an actual...
If you want to use a different name for your business, make sure you differentiate between “I want to change the entire name of my business” and “I want to use a different name for my business in certain situations.”
A Professional Limited Liability Company is specifically provided for professionals looking to offer their services through an entity in Texas. Professional services, as defined by the Texas Statutes, means “any type of service that requires, as a condition precedent to the rendering of the service, the obtaining of a license in this state.
Regardless of the form of LLC you decide on (Series LLC, PLLC, or regular old LLC) you will need to make the decision of whether your new Texas entity will be Manager Managed or Member Managed. For the sake of this page, we are going to assume the owners of the LLC have chosen to have the company be managed by one or more Managers—Manager-Managed.
New business owners in Texas often form LLCs to start their company, but this process can be full of pitfalls and sometimes even the most careful of small business owners can make a mistake. Texas LLC Formation Attorney Nate Gilbert takes a look at the most common mistakes and their solutions.
Commonly, children will have powers of attorney for their parents when they get older and may need assistance with financial transactions. If a child holds power of attorney for their mother and/or father, they may represent them in a real estate transaction.
Converting to a PLLC from an LLC is a straightfoward process in Texas. Attorney Nate Gilbert provides the steps necessary to change your company to a Professional Limited Liability Company in 4 steps.
Creating an individual Series for your Series LLC is a straightforward process, but there are some critical steps that you need to take. When creating the new Series, you are effectively creating a new LLC, for all intents and purposes, and just as when we are...
Watch the video to discover the differences and considerations behind Manager Managed LLCs and Member Managed LLCs in Texas.
Video: What Does An Operating Agreement Do For My LLC?