Drafting a Limited Liability Company (LLC) agreement is not always straightforward. To ensure that clients’ needs are met, you need careful planning: tax matters, succession, management issues among others. Careful planning and drafting will ensure that clients are able to achieve their goals both in the short and long term. The following course will provide information on the planning and drafting approaches that should be taken with LLC’s.
Highlights of the course include:
- Primary issues to be addressed in LLC agreements:
- Tax Issues
- Transfers of Interests
- What are the difference between Delaware LLC Act and acts in other US states?
- Flexibility of Delaware LLC Act in drafting LLC Agreements
- Pitfalls of Delaware LLC Act: fiduciary duty waivers