May 23, 2019
Q.: What document do I need to change who the sole member of an LLC is? A.: The sole owner of an LLC owns 100% of the membership interests of that LLC. What you require is called an assignment, which is a document that transfers the membership interests (company ownership) to you and states the “consideration” (what you paid in cash or kind) for the company ownership interests. You should also check the laws of your state to determine if it requires notice of this change of company ownership to be filed with the state. Consult an attorney familiar with these transactions to prepare the proper documentation. What other law questions do you have about company ownership and board meetings? Want to learn more about Kaufman Business Law? This is the video to watch. Watch our Video
Continue ReadingI recently had the pleasure of speaking to (and then finally meeting in person at the BlogHer for Business conference) Sharon Horowitz, PhD, principal of the consulting firm, CenterNorth. In addition to possessing a keen…
Read MoreListen to the Episode Below: How much of your business is in your head? If you’re not in the picture (even for extended vacation), can your employees–or a new owner–easily pick up where you leave off? …
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I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.
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