File as a Limited Liability Company in any USA state! Review the detailed list of considerations prior to creating the structure of your LLC. Then use the state-specific software forms to create a legal and valid Limited Liability Company, ready to submit to the appropriate Secretary of State. Finally, draft the LLC’s Operating Agreement to finish the process. Clear instructions and overviews makes the LLC legal forms software package from Standard Legal the perfect business-creation solution!
Limited Liability Co. Legal Forms Software
AMERICA’S BEST LLC LEGAL FORMS SOFTWARE
Many business professionals believe LLCs present an attractive alternative to corporations and partnerships because LLCs combine many of the advantages of both: with an LLC, the members can have the corporate-like liability protection for their personal assets from business debt, while also enjoying the tax advantages of partnerships or “S” Corporations (i.e. elimination of dual taxation). The LLC has been compared to an “S” Corporation without the IRS’ restrictions. LLC’s allow for pass-through taxation (similar to that of partnerships and S Corporations).
CHOOSING THE PROPER CORPORATE STRUCTURE IS KEY!
Have any questions on Incorporation vs. LLC vs. Partnerships vs. Sole Proprietorship? Before you purchase any legal document package, read our Standard Legal Law Library article on this topic! PICK A CORPORATE STRUCTURE THAT MAKES SENSE FOR YOUR BUSINESS >
CONSIDERATIONS FOR LLC FILING
An LLC is a business structure recognized by all 50 states and Washington, D.C. An LLC is a separate legal entity (as is a corporation). For money, property, expertise or “sweat equity” invested into the company, the LLC issues certificates or units that indicate the particular investor’s percentage of ownership in the business (compare to a corporation that issues shares of stock to its shareholders).
Some ADVANTAGES of forming a Limited Liability Company are:
– Provides protection of personal assets from business debts and other obligations;
– Profits/losses pass through to personal income tax returns of the members;
– Provides great flexibility in management and organization of the business;
– LLCs do not have the ownership restrictions of S Corporations, making them ideal business structures for “non-traditional” investors.
Some DISADVANTAGES of forming a Limited Liability Company are:
– LLCs often have a limited life (not to exceed 30 years in some states)
– LLCs are not corporations and therefore do not have stock, thereby creating some difficulty in both the transfer of ownership of the company and/or the distribution of benefits.
INCLUDED IN THE LLC SOFTWARE PACKAGE
The Standard Legal LLC package includes the Articles of Organization and all of the other state-specific legal forms required for filing with the secretary of state, and the up-to-date instructions required to create a Limited Liability Company.
The LLC title also includes three different types of Operating Agreements:
– Multi-Member MEMBER-Managed Operating Agreement;
– Multi-Member MANAGER-Managed Operating Agreement;
– Sole Member Operating Agreement
Offering three different Operating Agreements allows the members of the LLC to clearly define the roles of each investor/member in managing and operating the business, and how profits will be disbursed.
The package also includes a LLC Unit Certificate template that can be completed and provided to each member of the LLC, showing the number of “units” (like shares) that are held by that member.
And the content also includes a template for the LLC’s Minutes of the Meeting of the Members, to allow for detailed record-keeping as it relates to the ongoing decisions made by the Member owners as they related to the operation of the LLC.
In addition to the required forms and instructions, a detailed examination of a variety of business structures is provided, so that the members creating the LLC can make certain that an LLC structure is the best for their business situation.
WHY CHOOSE STANDARD LEGAL?
☆ LEGAL & VALID IN ALL STATES: The documents from Standard Legal are valid in every USA state and territory. Primary documents cover federal law, with state-specific language or forms provided as required.
☆ QUALIFIED ATTORNEY AUTHORS: All of the legal documents within each Standard Legal software title are carefully researched and written by highly-qualified, experienced, licensed attorneys.
☆ UP-TO-DATE LEGAL CONTENT: Documents and instructions are revised any time a state or federal law, statute or administrative requirement changes. Our legal forms content is in constant review!
☆ STEP-BY-STEP INSTRUCTIONS: Clear instructions are posted directly next to each question asked. No ‘legal-eze’ either! Standard Legal writes in a way that is “step-by-step” and easy to understand.
☆ IMMEDIATE ACCESS: Use the software instantly after purchase! Get encrypted links to a download within seconds, both on-screen with your order invoice and again as a backup in an email confirmation.
☆ EASILY DOWNLOADABLE FORMS: Standard Legal’s documents can be downloaded in one .zip file, with additional state-specific documents available from the online forms server.
☆ USE WITH ANY DEVICE: Windows, Mac, Apple, iPad, Android, Linux. Desktop PC, laptop, tablet, mobile device. Nearly any system can use the software from Standard Legal!
☆ FREE TECHNICAL SUPPORT: Standard Legal helps its clients in any way we can. While we cannot provide legal advice, we will gladly assist you by email, phone or social media to access and use our software.
☆ NO SHIPPING FEES: with downloadable software, shipping is FREE! Don’t pay to ship printed packages of paper. Just download the files and print only the documents you need. (Unless you prefer the optional CD!)
☆ FULLY SECURE PERSONAL DATA: Our software is downloaded then completed offline, not run through an online webform that transmits your data across the internet to be stored in a database. So your answers stay completely private and secure, and your personal data never leaves your hard drive!
☆ SAVE MONEY ON LEGAL FEES: Quickly and easily create the same kinds of legal documents as a local attorney. And save hundreds — sometimes even thousands — of dollars in the process!
☆ FREE ATTORNEY FIND: If you decide that handling a legal situation yourself might not be the best course of action, search our Attorney Find section for FREE to find a local attorney to help you.
☆ 100% MONEY BACK GUARANTEE: Standard Legal guarantees that all of the documents in our software package will be accepted when completed as directed and submitted to the appropriate court, clerk, office or agency. Should any document not be accepted due to an issue with our content, we will correct that document at once or refund 100% of the purchase price.
SYSTEM, SOFTWARE AND FILE USE REQUIREMENTS:
Standard Legal software works on virtually all Windows, Apple, Macintosh, Android and Linux-based PCs, laptops, tablets and mobile devices.
Generally, the legal forms are provided as Microsoft Word and Adobe PDF files with fillable form fields. Not all forms are provided in both formats in all cases. SOFTWARE FORMATS + SAMPLES >
A full-featured version of Microsoft Word is one option to complete the Word-formatted documents. FREE open-source word processing programs like OpenOffice, LibreOffice, Google Docs, etc. may work as well.
Use the FREE Adobe Reader to complete and print the PDF document files. It is best to use the most up-to-date version of Reader; see ‘Help > Check for Updates’ in the program’s menu to get the latest version. It is CRITICAL that Reader ALWAYS be used as a stand-alone program or mobile app and NEVER within a web browser.
Links to a downloadable .zip file are presented immediately upon the completion of your order. This .zip must be expanded to access the PDF files. Most computers have an expansion program like WinZip pre-installed; if your computer does not we recommend StuffIt Expander (it’s FREE!). Once the file is downloaded, all documents within can be completed offline, no internet connection required. Read the START-HERE.txt file included in the initial download for more instructions.
Access links to the downloadable .zip file and/or the online forms server for this title are available for one (1) year after the date of purchase, upon request. Files downloaded and saved to a device may be used without time limit, but new downloads are no longer accessible one year after the date of purchase. A discount code is available to past customers by email to make a new or updated purchase.
Is Standard Legal Software Right for You?
To use any type of software requires a basic understanding of how a computer device operates. To use Standard Legal software, you must be able to complete these basic computer tasks: download a software file; expand a .zip file; enter a username and password to access a protected website; navigate a menu; install and launch a program; and open, save then print a completed document. If you do not fully understand how to complete any of these common steps, we recommend you use our Document Preparation Service or find a local attorney to create documents for you.
Have an LLC question? ASK STANDARD LEGAL >
ATTORNEYS, PARALEGALS AND DOCUMENT PREPARATION PROFESSIONALS: This software is licensed exclusively for pro se users. To create custom legal documents on behalf of clients, review our Professional Edition software at ParalegalDocuments.com.
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