Tag Archives: Tidewater

Transferring LLC Membership Interests Part 2

Part 2: Voluntary Transfers

In this 3-part blog series, we’re discussing a variety of aspects to consider when transferring membership interests in an LLC. Check out our overview blog on this topic before reading on about voluntary transfers. An LLC affords its members a certain amount of personal asset protection. Part of this...
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Four Estate and Legacy Planning Tips for the Suddenly Wealthy

Suddenly coming into money can be both a blessing and a curse.

Whether you just signed a multiyear, multimillion-dollar employment contract, received a significant inheritance, expect a large check from a lawsuit verdict or divorce settlement, or just won the lottery, you need help from professionals to avoid negative consequences from your windfall. Below are four estate...
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Transferring LLC Membership Interests

Part 1: An Overview

Say you are a member of an LLC, meaning you own membership interests in it. But what if you want to leave the LLC? What if you get a divorce? What if you have creditors seeking immediate repayment? What can you do with your membership interests? The answer depends...

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Community Engagement and the “Good Guy” Escape Hatch

Everyone wants to be the good guy.

As a business owner, being the “good guy” by engaging your business in the local community through volunteerism and charitable giving can have a positive impact on both parties.

The larger or more public-facing your business is, the...

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