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Law Office of Randall A. Fischer P.A. At Stuart

2100 SE Ocean Blvd #203, Stuart,
Martin, Florida 34996
Phone: (772) 463-7737


Randall A. Fischer, P.A.

725 SE Port St Lucie Blvd #206, Port St. Lucie
St. Lucie, Florida 34984-5232
Phone: (772) 463-7738


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1080 East Indiantown Road #104
Jupiter, Florida 33477
Phone: (561) 316-7111


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What is a Limited Liability Company?

What is a Limited Liability Company?

Lawyer Stuart FL, Port St. Lucie Fl, and Jupiter FL

A limited liabilty company is a vehicle through which business can be conducted without many of the statutory constraints afforded a corporation and benefits that are not available to a C corporation.  The limitation of liability associated with an LLC along with the passthrough of profits and/or losses are tremendous attributes when considering which business entity to create.

Since an LLC operates more like a partnership, it is the operating agreement that is of key importance.  The operating agreement is just that an agreement upon which the members of the limited liability company intent to conduct business.  If time is not properly spent on thoughtfully constructing this agreement prior to creating the business, then the disputes which may arise later could have dire consequences.  What happens if there is a death of the managing member?  Who controls what interest?  How are decisions made?  What is my investment?

These are just a few of the critical questions that need to be addressed in the operating agreement.  Many clients think it is just a matter of filing the LLC with the state and then when something happens there is nothing but problems and expense.  That is why it is important to consult with a Lawyer before deciding what entity to use and how to mitigate liability and taxes.  I am a Lawyer in Stuart, FL that can help.  I also have Law offices in Port St. Lucie FL and Jupiter FL, as well.

If you have any legal questions, please go to the home page, review the menus on top and on the left column, or call my law office.

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