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Meet some of our South Dakota Limited Liability Company Lawyers
November 11, 2022
Nicole P.
Attorney Nicole B. Phillips is a northwestern Iowa native and devotes her practice to the area of Family Law. She is an experienced trial attorney with over 12 years of family law experience. Nicole graduated from The University of South Dakota with a degree in Criminal Justice, and attended Oklahoma City University School of Law to obtain her law degree. Prior to establishing Phillips Law Firm, P.C., Nicole built her first successful law practice in Oklahoma City, Oklahoma, where she focused on Family Law, Estate Planning and Personal Injury Law, and her second successful law practice in Sherman, Texas, focusing primarily on Family Law. Nicole has one daughter, Arabella. In addition to enjoying time with her daughter, Nicole enjoys reading, family dinners, traveling, spending time with friends, and game nights.
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Morgan S.
Corporate Attorney that represents startups, businesses, investors, VC/PE doing business throughout the country. Representing in a range of matters from formation to regulatory compliance to financings to exit. Have a practice that represents both domestic and foreign startups, businesses, and entrepreneurs. Along with VC, Private Equity, and investors.
Michael R.
Corporate/SEC/M&A Attorney with 25+ years of experience. Excellent communication and interpersonal skills. Vast knowledge of SEC regulatory framework and M&A strategies.
Rachel C.
Contract attorney who enjoys empowering individuals and businesses with contracts that stand as a fortress against potential disputes and uncertainties. Find peace of mind with prepared agreements ensure that your agreements are enforceable and aligned with your long-term objectives.
July 31, 2023
Daniel W.
In my thirteen years of practice, I've had the opportunity to argue cases in state, federal, and tribal courts; in subjects as diverse as gaming, land tenure, water rights, treaty rights, finance, employment, criminal defense, conflict of laws, and tort (among others). But the real value I brought my clients came through avoiding litigation, fostering relationships, and developing long-term strategies.
August 1, 2023
Christopher I.
Owner at Irak Law Office in Merrillville, Indiana. Licensed attorney since 2015. Primary focuses include business/corporate law, startup formation, and contract drafting. Love working with small businesses and entrepreneurs.
August 1, 2023
Christi D.
Attorney. I love contracts, estate plans, and prenuptial agreements! I would love to help you on the same.
August 1, 2023
Sara E.
Family Law Attorney
August 1, 2023
Timothy J.
Financial Services, Business, Corporate, Personal Injury, and Healthcare. I've represented fortune 100 companies and defended individuals in personal debt litigation. Wide breadth of experience, ready to assist.
August 1, 2023
Mervin F.
Greetings, I am a Miami based attorney, running a solo practice, looking to expand my reach and help some people out.
August 1, 2023
Myrna L.
I am a licensed attorney in California. I worked as a Contract Manager for the State of California for 14 years, negotiating and developing contracts and grants funded by federal and state government. As an owner of a real estate/property management company and real estate asset manager for corporations, non profit organizations and government entities, I negotiated sales and managements of industrial, commercial, and residential properties including development of contracts, leases, subleases, options, and sales agreements. As an attorney, I have worked on contracts, labor/employment cases, landlord/tenant and probate cases.
August 2, 2023
Dennis W.
2008 - Present: Sole Practitioner – Dennis W. Winkler, P.C. Practice primarily in finance and business transactions, as well as commercial real estate transactions. Represent developers, investors, lenders, and businesses, in such matters as: corporate entity selection, drafting and negotiating complex asset purchase agreements, corporate mergers and sales, stock purchase agreements, and various other business contracts for closely related businesses. Involved in a variety of real estate developments, multi-family apartment buildings, construction and acquisition financing, commercial leasing, sophisticated workout transactions, joint ventures, and tax-deferred exchanges. Advise on tax and other savings incentives available to business owners and real estate owners in Illinois. Advise companies involved in related real estate activities such as sales, leasing, property management, brokerage, and construction. Tax experience that includes the representation of taxpayers in State and Federal controversies including: sales/excess tax disputes and responsible parties’ tax assessment protest. Additionally, Dennis has experience in the protest of real estate taxes of commercial and multi-family real estate. As a legal and business advisor, Dennis is committed to helping clients find, develop, and close deals that further their business objectives. Dennis regularly advises entrepreneurs and closely held businesses on matters incidental to their day-to-day business operations as well as their capital raising and start-up needs, corporate structure, private equity raises, and operating agreements. Much like general counsel, Dennis’s breadth of experience allows him to not only provide strategic planning and routine business transactional support to companies, but he also regularly advises on a number of unique issues facing companies by spotting issues and engaging specialists when needed, such as intellectual property, environmental, and bankruptcy counsel. As such, Dennis has been actively involved in sales and acquisitions of manufacturing companies, trucking companies, and logistics companies.
Limited Liability Company Legal Questions and Answers
Limited Liability Company
LLC
New York
Is LLC formation state-specific?
I am looking to start a business and am considering forming a limited liability company (LLC). I have heard that the LLC formation process is state-specific, and I want to make sure that I am taking the right steps to form a LLC in the correct jurisdiction. I would like to know if the LLC formation process is state-specific, and if so, what steps I should take to form a LLC in the correct jurisdiction.
N'kia N.
LLC formation is state-specific, as there is no federal formation process. Each state can establish its own laws, including those related to state taxes, for an LLC operating there. However, an LLC must also comply with any applicable federal laws. If you have specific questions about state and federal implications of LLC formation, you might consider consulting with a knowledgeable business law attorney. [I am licensed to practice law by the state of North Carolina.]
Limited Liability Company
Limited Liability Company Agreement
Minnesota
Transfer Ownership to another person
Hi, I am EU national from Lithuania and we opened a company with a partner in US. Our initial agreement with that person, was, that he handles US operations and keeps part of the company. However, legally it is registered as LLC in Minnesota under his name. At this stage, turnovers are growing and we would like to transfer ownership (I think selling the company) to me and keep him as a Director in that company. This LLC is operating from 2019. We would like to know, is it possible to do it without physically traveling to US? What tax implications will be? Also will it be possible to buy this company at low cost? Company has a lot of inventory, but at the same time high debt with suppliers. At the moment, equity is about 2k and vendor debts - inventory/customer debts/cash approximately 280k. Thank you for your help!
Jaren J.
The transfer of LLC member interests are done via written agreements signed by all parties. They are internal to the company and not recorded anywhere. You don't need to be in the US to accomplish the transfer. Depending on how the transfer is done, there shouldn't be any tax implications.
Limited Liability Company
LLC
Florida
How to set up an LLC?
I am a budding entrepreneur looking to start my own business. I understand that forming a Limited Liability Company (LLC) is a great way to protect my personal assets and manage my business operations. I have done some research on the process, but I am looking to get the best legal advice on how to set up my LLC properly.
Daniel D.
This is a great question to ask. The first step is to register your business with the Florida Department of State on Sunbiz; that will get you legally set up to get rolling. The second step to setting up your LLC properly is to adopt an operating agreement. This agreement tells how the business will run, how it will handle new members and the powers that existing members and/or managers will have amongst other important paragraphs to have. You can be creative as you want with an operating agreement. Before you adopt your operating agreement you should consider topics like: do i want it to be run by members or managers; do i plan on having partners in the future or now; am I going to look for investors at some point? These questions can help you draft an operating agreement that will suit your needs as a business owner and show others that you were strategic in thinking of the future. You can also use an operating agreement for business succession planning incase you are incapacitated or die.
Limited Liability Company
Operating Agreement
Florida
Forming LLC with multiple members
Hello, Looking to form LLC with 3 other individuals. What would be the best route to go?
Bruce B.
In florida you would want to have an operating agreement to specify the relationship between the members.
Limited Liability Company
LLC
Florida
LLC and member meetings?
I am considering forming a limited liability company (LLC) with a few other partners. We are looking to have a clear understanding of the expectations for LLC and member meetings, including the frequency and formality of such meetings. We also want to make sure all members are held accountable for their actions and that our rights and responsibilities are clearly outlined.
Daniel D.
In Florida, LLCs are not required to have annual meetings of the members and/or managers. However, your operating agreement would lay out different circumstances when the members and/or managers must meet to make important company decisions. You can draft the operating agreement to give you and your partners greater flexibility as to when and why a meeting is required, for example, hiring a new officer, spending over a certain amount of money, admitting a new member or removing a member. If you do not have an operating agreement in place, then the default is the FRLLCA. However, holding meetings of the members and/or managers is a good way to increase your liability protection. Even if the formalities are not required by law, abiding by them can help bolster your corporate veil and it will also add value down the road to your business when you or your partners sell. To hold a meeting, you would need to notice all the members, hold the meeting, record the minutes of the meeting and then draft and execute any resolutions that were voted on at the meeting. If all members are going to vote unanimously, you could use a "Consent in lieu of meeting" to be drafted that records the vote and decision of the members, which all voting members should sign. It is important that your operating agreement is well drafted.
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