LLCs
The default American operating entity.
The LLC is the default operating entity in modern American practice, and for good reason: it combines the liability protection of the corporation with the flexibility of a partnership. This course teaches its formation, governance, taxation, and defense at operator depth.
You will finish able to choose a state of formation defensibly, draft a working Operating Agreement, elect the right tax treatment, and maintain the entity year over year without losing the veil.
- 01
Choose a state of formation.
- 02
Draft an operating agreement worth defending.
- 03
Maintain the LLC lawfully year over year.
- — None.
2–3 weeks · ~10 hours plus the Lab.
- IModule
The LLC, understood
The form and why it dominates.
- IIModule
Choosing a state
The most consequential choice.
- IIIModule
The filing
The mechanics.
- IVModule
The Operating Agreement
The internal constitution.
- VModule
Ongoing compliance
The unglamorous discipline.
- VIModule
Taxation
The default, and the elections.
- VIIModule
Asset protection
The whole point.
- VIIIModule
Advanced structures
The variants.
The LLC is a container. It is only as good as the discipline of its owner.