An LLC is run by its Operating Agreement. There are numerous ways the Operating Agreement can provide protection to you from your heirs bad credit decisions (or your heirs from your bad credit decisions). For instance, the agreement may limit the admission of new members and can keep the manager(s) from admitting new members. It can also keep members from voluntarily transferring or encumbering all or any portion of their interests in the company. This with a right of first refusal will keep your heir from selling his membership interest to anyone but you. It also restricts the members right to receive profits, losses and distributions of money from the company. This and the right of first refusal gives you controlling interest in the company. Riverside Court Attorney - Lawyer - Gwynn Law Firm.
This Riverside Court Attorney is also experienced in consumer construction transactions. If you have been victimized by a general contractor we can help pursue your rights with the Contractors State Licensing Board and your legal remedies in court.
We're experts and offer the following: CAR ACCIDENTS ATTORNEYS, RIVERSIDE ATTORNEY, BK LAWYER, CONTRACT DISPUTES ATTORNEY, RIVERSIDE ATTORNEY, RELIEF FROM STAY ATTORNEY, CORPORATIONS ATTORNEY in and around the Murrieta, CA area.
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