Find out if partnerships must register with the Secretary of State, what’s required, and the risks of not registering your partnership properly. read more

Who is liable for LLC debt? LLC members usually have limited liability, but exceptions exist, including personal guarantees, fraud, and improper business practices. read more

Explore LLC benefits by state, including tax savings, asset protection, and reporting rules. Learn which states are best for forming an LLC based on your needs. read more

LLC distributions allocate profits to members based on the operating agreement. Learn how distributions are taxed, structured, and handled during liquidation. read more

Learn how to fill out an LLC membership certificate accurately, including what details to include, signature guidelines, and transfer restrictions. read more

The LLC operating agreement Kansas is used by LLCs in the state to establish operations guidelines and procedures for running all aspects of the business. read more

Learn whether an S Corp or LLC is best for rental property ownership, including tax benefits, liability protection, and key differences to inform your decision read more

Learn how an LLC dissolution agreement works, including key steps, legal triggers, and how to formally terminate an LLC while protecting members’ rights. read more

Learn the benefits of buying a car under an LLC, including liability protection, privacy, and tax deductions. Understand the steps and considerations involved. read more

A material breach clause sample refers to an example of a contract breach where a party doesn't respect the contract terms, damaging the other party. read more