When starting or growing a business, you know you might need an LLC or two, but how many do you really need? Tripp Watson discusses the considerations in setting up multiple LLCs, and what are the pros and cons to having increasingly complex business structures.
Read MoreEvery state in the United States requires that any formed legal entity maintain a Registered Agent in any state that they operate, including Alabama. Failure to appoint a Registered Agent may result in the administrative dissolution of a company and can be a basis for piercing the corporate veil and exposing a company’s owners to unnecessary personal liability. A company’s Registered Agent is important, so what does a Registered Agent do?
Read MoreOperating Agreements might be one of the most boring topics you could face when starting your business. However, the Operating Agreement is designed to mitigate the single biggest threat to the success of your business.
Read MoreSelecting the proper business entity is rarely as simple as it might first appear. It requires consideration of a number of factors and not just potential tax liability. After all, few people care that they saved a few bucks on their tax return if their partner steals all the company's money.
Read MoreOne of the more interesting developments in the world of business law over the last few years is the introduction of the Series LLC
Read MoreThe Alabama Limited Liability Company Law of 2014 makes substantial changes to the way LLCs operate in the state.
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