Tag Archives: corporate

LLC Members: What You Need to Know about Your Fiduciary Duties

As a member of an LLC, you may owe a fiduciary duty to the company.

The two key fiduciary duties are the duty of loyalty and the duty of care. Whether you have a fiduciary duty will depend on the LLC’s management structure and whether you have management responsibilities. Understanding your duties is essential to avoiding...
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Transferring LLC Membership Interests Part 3

Part 3—Involuntary Transfers

In the third part of our three-part LLC Membership series, we're discussing involuntary transfers. To get caught up you can read our previous blogs on LLC Membership Overview and Voluntary Transfers. An involuntary transfer of an LLC membership interest is just that—a transfer prompted by a creditor action or the occurrence of...
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What every business owner need to know before hiring their first employee

For most businesses, some kind of growth is usually the goal.

The problem becomes that when you grow your business, it can become harder to step away from that business for your own personal life, vacations or other ventures. If you’re business is growing and you want to maintain your sanity, you’ll need help with day-to-day...
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What Happens to Your Business When You Die?

Preparing your company for your incapacity or death is vital to the survival of the enterprise.

what happens to your business when you die by Davis Law Group PC

Without a plan in place your customers, employees, vendors and even your family can be negatively affected and the future...
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