by Nate Gilbert | Jun 16, 2021 | Uncategorized
In Texas there are three general kinds of partnerships: General Partnerships, Limited Partnerships, and Limited Liability Partnerships. In a General Partnership, you and at least one other person agree to form a partnership; there is no filing necessary with the Texas...
by Nate Gilbert | Jun 14, 2021 | Business Law
Generally speaking, an LLC is the most popular form of corporate entity, and will most likely serve all of your needs for your small business. But there are other forms of corporate structure to consider, so is the LLC right for you? Limited Liability Companies offer...
by Nate Gilbert | Jun 14, 2021 | Business Law
The short answer is that you will need to reference the Texas State statutes (or the statutes for whichever state your LLC is registered in) for the management of your business. Your LLC should always have an operating agreement, but a lot of times, this is not the...
by Nate Gilbert | Jun 2, 2021 | Business Law, Real Estate
A Series LLC is a Texas entity structure that allows for multiple, distinct LLC entities to exist under one LLC filing. The idea is similar to a parent company with many subsidiaries, except that none of the subsequent LLCs formed under the original Series LLC is...
by Nate Gilbert | May 27, 2021 | Business Law
Adding a member to your LLC can be a very straightforward process. If you started your LLC as a single member LLC, and now want to add another member, your first step should be to consult your Operating Agreement. The Operating Agreement you signed when you first...