Business Law - LLCs

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LLCs

The LLC or Limited Liability Company is a popular choice among Texas businesses. An LLC was designed to be a mix of what business owners like about the simplicity of being a sole proprietor, coupled with liability protection similar to a corporation.

Julie Alexander also has experience with the formation and maintenance of both the traditional LLC and the new Texas Series LLC for use by real estate investors to hold real property. These can both be great tools to protect real estate investors from personal liability that may occur at one of their properties.

Julie Alexander first consults with the client and his or her tax advisor to determine if an LLC is a good fit for the business. She then works to assure that all LLC documents are well drafted and maintained, which is imperative for keeping liability protection for personal assets in place.

Our LLC Formation services for Texas LLCs include:

• Consultation to Determine Structure (Management structure, Officers, etc.)
• Name Availability
• Certificate of Formation
• Company Agreement
• Unanimous Written Consent/Minutes for Organizational Meeting
• Tax ID / EIN number from the IRS

Many clients are surprised to learn that the filing they completed on-line with the Secretary of State may not be sufficient to protect their business and personal assets. For these clients, Julie Alexander assists in drafting the remainder of the documents required by Texas law.

Sometimes new clients ask how my LLC formation services are different than on-line websites that offer LLC formation in Texas. Based on my personal review of LLC formations prepared by on-line services, clients are often surprised and frustrated to see the errors I find in their company documents completed by an on-line service. Sometimes fundamental business decisions were made by the service without the client being aware of the implication of that decision. Without review by an attorney, these errors often go unnoticed until there is an internal problem in the business, or the business is sued. As it turns out, many clients have paid on-line sites more than my fees, because many sites charge customers for unnecessary filing fees and expenses.

There is no substitute for professional legal services for LLC formation in Texas that includes personalized consultation and tailoring of the LLC formation documents to the needs of clients. It is often much more expensive to correct problems in LLC filings than it is to draft the LLC documents correctly the first time.

Julie Alexander understands that business owners need to be able to budget and plan for legal fees and expenses. Therefore, my office offers clients competitive, guaranteed flat fee rates for Texas LLC formation.

Julie Alexander is not a CPA and does not know the details of her clients' tax filings. Therefore, she strongly encourage her clients to make all decisions regarding Texas LLC formation in conjunction with a tax professional.

Julie Alexander is happy to provide a proposal for for her services tailored to your needs at no charge. For more information please contact Julie Alexander at Julie@JulieAlexanderLaw.com.