Book Description
Everything you need to form your own LLC!
Forming a limited liability company gives you the best of two business worlds -- the informality and tax benefits of a partnership or sole proprietorship and the personal protection from business debts of a corporation.
Form Your Own Limited Liability Company provides you with the step-by-step instructions and forms you need to form an LLC in your state, without the expense of hiring a lawyer. This bestseller covers how to:
*choose a valid LLC name
*prepare and file articles of organization
*set up a member-run or manager-run LLC
*take care of ongoing legal and tax paperwork
The 4th edition has been carefully revised and updated to reflect the latest IRS tax rules for LLCs, and now provides helpful checklists throughout. It also provides the most recent changes in all 50 states' laws. The forms you need are included as tear-outs and on CD-ROM.
Customer Reviews:
Form it!.......2007-07-30
This book is well laid out, gives you short cuts to critical information and does not 'preach'. It evaluates any possible ambiguities and basically holds your hand through the whole process. It has references and resources for every state and covers all possible variations of ownership and management. It was easy for me to find the critical steps relevant to my situation. It is a 'general' reference so you do have to figure what you need, but that is easily achieved with the way the book is formatted.
I started a Nevada based company using this book and found it well worth the money.
Start an LLC, make loads of money and live a good life, this book will get you started.
Clear and concise.......2007-02-13
In our case, this book was more of a help with planning than providing the actual legal forms necessary to legally form an LLC. Here's why, in our state, if you have internet access and a printer, it's very simple. All you need to do is fill out one on-line form provided by the state, print it, write a check for the fee, mail it, and wait.
What a book like this does is give you confidence that it is really just that simple. There are plenty of services on the internet, including services advertised on the website of the publisher, NoLo, that want to charge quite a bit more to do the work for you - or I'm sure you can find a local attorney who will also do the work for you, probably for an even higher fee. Maybe that's what you need, but for our small business, we found our startup money better spent on marketing and sales promotion than legal fees.
The one thing that was missing for me in this book, thus only 4 stars, was any discussion on LLC location. We needed additional research to satisfy our questions here.
Finally, we were able to use one of the legal forms on the CD as a template for our LLC operating agreement between members. That was handy and important, though in our state not a required document to form an LLC.
A Lot of Information about this new Business Model.......2006-03-03
A limited liability company is a relatively recent addition to the traditional forms of companies. It has some fo the advantages of a corporation, and the tax advantages of a partnership, sole proprietorship or corporation depending on the desires of the owners. It is not suitable for all organizations, but if you are considering one, here is the place to start.
If you go to an attorney to get him to set up an limited liability corporation, he will ask you a bunch of questions, write down the answers and get his secretary or paralegal to type these answers into their standard LLC form on their word processor. She will then press the print button and you get billed for a thousand dollars or so.
Anthony Mancuso is a corporations attorney licensed to practice law in California. He decided to take his standard corporate form and put it out in the form of a book. In the book he will ask you a bunch of questions, taking the time to point out the alternatives (that a lawyer probably doesn't do unless asked. You then take his standard corporation form (supplied on a CD) and fill in the answers. Files these with the appropriate offices and you have a corporation for only the filing fees the state charges.
Well, maybe it's not quite that easy. The LLC is a new form of business. I'd suggest that you read and consider the forms contained here, but then I'd have an attorney in your state review them, just to be sure.
Form Your Own Limited Liability Company.......2006-01-17
Straight to the point book, could possibly have more examples of Articles pertaining to Non-profit organizations.
Gave me the facts I needed to NOT create an LLC.......2005-08-08
This is a good book on the subject, with thorough coverage of the topic and prose aimed at the nonlawyer. In my situation a corporation was a better choice, and the book helped me come to that conclusion.
Book Description
As hedge funds continue to accelerate as widely-employed investment vehicles, understanding the agreements that establish, define and protect them is essential for all parties involved. In Hedge Fund Agreements Line by Line, (italicize title) legal and investing expert Greg Nowak takes a standard operating agreement, itemizing and explaining all parts of the venture. From incorporating a company to liquidating assets and dissolving the partnership, covering everything from the role and distinct responsibilities of the Manager, to all critical points around capital contributions, the admission of new members and permissible withdrawal of capital, this book is an informative and insightful read - indispensable for any Hedge Fund Manager. With a standard operating agreement included in the text, coupled with extensive commentary and detailed explanations, this book offers a swift yet informative read on all legal aspects of incorporating and governing this increasingly popular investment vehicle.
Download Description
As hedge funds continue to accelerate as widely-employed investment vehicles, understanding the agreements that establish, define and protect them is essential for all parties involved. In Hedge Fund Agreements Line by Line, (italicize title) legal and investing expert Greg Nowak takes a standard operating agreement, itemizing and explaining all parts of the venture. From incorporating a company to liquidating assets and dissolving the partnership, covering everything from the role and distinct responsibilities of the Manager, to all critical points around capital contributions, the admission of new members and permissible withdrawal of capital, this book is an informative and insightful read - indispensable for any Hedge Fund Manager. With a standard operating agreement included in the text, coupled with extensive commentary and detailed explanations, this book offers a swift yet informative read on all legal aspects of incorporating and governing this increasingly popular investment vehicle.
Customer Reviews:
It was a disaster. Do not buy the download version!.......2006-04-12
It was a disaster. Do not buy the download version!
Two things you will want to avoid. This book in Adobe and any book in the Adobe format used.
WE bought it and when we opened it - we found you cant copy any of the sutff! Duh! Adobe and Hedge Fund guru! Why do you think we buy books like this.
The next bad suprise is: you CAN'T PRINT IT!
God in heaven, above these people are thick.
We went on the web to find out what experiences other people have had with Adobe e-books. All bad. Everything like "known to be brain dead" to you can get arrested by the FBI and sent to jail for four months before being released by the courts if you fool with this stuff and try to work on it to print or copy.
Then, of course, it stops working even in the adobe reader on your computer. So I have a product I bought which I can no longer access. Oh Great. Seems not only Microsoft puts out beta software.
Disaster! - If you want it - buy the printed book. Amazon is amazing and this is the only horrible - even the only bad - experience I have had using them. One hundred percent for Amazon.
Zero for Adobe books in electronic form, Zero for Aspatore Books - the publisher and Zero for Gregory J. Nowak, the author. No wonder it is on sale. Beware!
Book Description
A number of changes in this edition reflect new developments such as changes in many large law firms due to major increases in entry level salaries for associates; important revisions in the Model Business Corporation Act; recent developments in asset-protection of limited liability companies; two important decisions in Delaware on the duties and liabilities of directors of publicly held companies; the enactment of the Securities Litigation Uniform Securities Act (SLUSA); the adoption of new regulations, Rule 10b-5-1 and 10b-5-2; and adoption of new regulations relating to full disclosure by registered publicly held companies (Regulation FD) and the independence of auditors.
Customer Reviews:
Great purchase experience - no problems!.......2007-01-21
The text was as described with no issues. The delivery was prompt and handled in a professional manner. I recommend this seller.
Poorly organized, out of date, long winded.......2007-01-18
The book is poorly organized, out of date, and long winded. If you are a professor, look elsewhere. If you are a student who has to use this, try for used -- that way you won't feel so bad when you throw it away.
Not too bad for a casebook.......2005-07-30
The structure could be better, but I do like how the book explains the rationales and policies in the notes between cases; it makes the cases themselves much more cognizable if you read the notes after the cases first.
... better get a good commercial outline.......2004-02-23
this book is maddening. it zigzags through material in an incomprehensible fashion. you have to work so hard to see which cases go together and how they go together. it certainly doesn't make it easy.
Hamilton has a Nutshell outline, which is okay. The Casenote Outline is quite good in my opinion.
Quite possibly the WORST textbook EVER.......2003-10-29
If this book shows up on the syllabus for your Corporations class, run. There has never been a worse textbook published in the history of academia. The typos are beyond unacceptable. The flow of material makes no sense, and there is no commentary from the authors in between sections to explain why the authors seem to think the topics should be discussed in that order. The cases are incredibly badly edited. One example, out of too many to even count, is in the first case on the law of corporate directors' duty of care. The court's holding about which defendants should be liable is left in, but none of the facts about any of those defendants are in the book at all. Definitions are non-existent, and in the rare places where the authors do try to actually explain concepts, the text is full of errors and the explanations are badly written. Robert Hamilton and Jonathan Macey (the authors) should be ashamed of themselves. You'd be better off typing "business" into Westlaw or Lexis and learning it yourself.
Book Description
If you are wondering whether or not a limited liability company is right for you, Nolo's Quick LLC is the book to grab.
Written by LLC expert Attorney Anthony Mancuso, this book shows you, in plain English, the advantages and drawbacks of forming an LLC, and how the LLC compares with running a business as a corporation, partnership or sole proprietorship.It explains:
*how LLCs are formed by filing Articles of Organization with the state
*the Operating Agreement, which details the legal rights and responsibilities of LLC members and managers
*how you can choose between a member-run or manager-run LLC
*important tax options that qualify an LLC for partnership tax treatment -- an essential benefit of forming an LLC
*the required ongoing legal and tax paperwork
Practical, concise and easy to read, the 2nd edition of Nolo's Quick LLC provides vital; and the latest; information you need to know about this valuable business option.
Download Description
"If you are wondering whether or not a limited liability company is right for you, Nolo's Quick LLC is the book to grab. Written by LLC expert Attorney Anthony Mancuso, this book shows you, in plain English, the advantages and drawbacks of forming an LLC, and how the LLC compares with running a business as a corporation, partnership or sole proprietorship. It explains: how LLCs are formed by filing Articles of Organization with the state the Operating Agreement, which details the legal rights and responsibilities of LLC members and managers how you can choose between a member-run or manager-run LLC important tax options that qualify an LLC for partnership tax treatment -- an essential benefit of forming an LLC the required ongoing legal and tax paperwork Practical, concise and easy to read, the 3rd edition of Nolo's Quick LLC provides vital - and the latest - information you need to know about this valuable business option.
Customer Reviews:
Useful and Easy to Understand.......2007-10-07
I am currently in the process of creating my own LLC at the time writing this review. The book is very helpful to understand the process and the things I will have to worry about from a legal and also tax perspective. I hired a lawyer for the company creation before I bought the book and have now the feeling that I could be doing it without paying a lawyer. However, the book made me realize that there is a lot of paperwork involved in the process and the lawyer will do all that work for me, which saves me a lot of time.
I am currently very busy preparing everything for the daily business operation to come so I do not regret my decision of using a lawyer. If time is not too much of a problem, but saving the cost for a good corporate lawyer is, this book will be able to help you to get the process done by yourself.
For people like me, who use a lawyer is the book still helpful, because there are a lot of things to consider and know about, after your LLC was created. It will serve me well in the years to come. I am sure about that.
Quick easy read, Great Information!.......2007-08-05
I read this whole book on a flight from Miami to Seattle. I had just started an LLC through a Lawyer and wanted to get an idea of how to put together the Operating Agreement. This book had a great Operating Agreement example in the back. It also had simple examples for each scenario that helped me understand the best type of LLC set-up for my business. Nolo's Quick LLC covered everything I needed to know in an easy format to read and reference. After reading, I felt I was able to discuss my ideas intelligently with my lawyer and ask him questions I would have never thought of before.
An excellent manual essential not only to business owners.......2007-07-07
Most in business have learned the term 'limited liability company' - but few know what this means, let alone how to tailor a business as a LLC and to understand if and when such a structure would apply. NOLO'S QUICK LLC, 4TH EDITION provides all the basics to operating an LLC, from choosing different structures and understanding differences between a LLC and a corporation to handling legal and tax paperwork. The result is an excellent manual essential not only to business owners, but to business libraries seeking an easy yet comprehensive reference.
Informative, Provides a Framework, A Bit Conservative.......2007-02-12
Having just established my own Limited Liability Company (LLC), I wanted a book that would define what a LLC is in the framework of other business models, including tax and legal implications. I wanted to ensure that a LLC was the best fit for me. That is exactly what this book did, and it did it well.
If you are thinking of starting your own business an a LLC, but are not sure of which business model to use (Sole Propertiorship, LLC, Parternship, S-Corp, C-Corp), this book will help inform you of the pros and cons of LLCs, and how they fit into the overall legal and tax structure.
The only reason I rated this book at 4 stars instead of 5 stars, is that it scared me a bit in regards to the legal and tax requirements, without providing enough detail to give me a grasp on why the requirements were in effect. Having also been in contact with a certified tax expert and accountant while I was reading this book, I learned that this book errs on the side of being very conservative, or even a bit scary, in regards to legal and tax requirements. So I would advise anyone who gets this book to also balance it out by reading a more aggressive book about saving money on taxes and operating an LLC legally.
After reading this book, I also read "Your Limited Liability Company, An Operating Manual" by the same author. That book provides in depth detail on the day-to-day running of an LLC. It helped me tremendously. However, this book is also conservative when it comes to saving money on taxes.
Overall, both books are great reads.
Very Helpful Book, Helped Me Decide That An LLC Is Right For ME!.......2006-12-04
This book was not a disappointment by any means. I wanted to learn if forming an LLC was right for me and by the end of reading the book, I knew it was. Nolo's book was surprisingly easy to read and understand. Although the writer is a lawyer, he writes in every day speak and makes the concepts as easy to understand as possible. The book is also more entertaining then one might think. The only thing I would have liked to see as part of this book is a step by step list of who to contact to form the LLC including any forms or at least a link to forms you would need to complete the task. Overall, if you want to learn about LLC's and decide if the business form is right for you, then this is the right book to choose.
Product Description
In addition to its coverage of agency and partnership, the new edition of Agency and Partnership Law adds coverage of limited liability partnerships and limited liability companies. Because the authors feel that agency law is the foundation on which the law of business firms is built, the second edition retains substantial treatment of both the contract and tort aspects of agency law. Rosin and Closen integrate problems into the text to facilitate teaching by the problem method and introduces a transactional perspective by using problems that ask students to structure transactions so as to achieve client goals while addressing the concerns raised in the materials. The new edition also continues to cover the various unincorporated firms by comparing and contrasting their functional characteristics.
Book Description
The Third Edition of this Federal Income Taxation casebook includes many updates to Internal Revenue Code provisions that apply to the three business tax regimes, the C Corporation, the S Corporation and the Partnership.
Customer Reviews:
Not as described! 31 pages only.......2007-02-22
While the big books is probably excellent, this $5 "book" is a suppliment that is entirely on the order of "In note 4, delete the sixth line and insert; "property, E&P is reduced by the value of the property (to the extent the distribution is treated as a dvidend)." " Perhaps useful if you have the 2006 edition and need the 2007 corrections, but totally useless without the original book. Not what I was expecting.
clarity from chaos.......2002-08-16
The organization of this book makes corporate and partnership tax law more approachable than I ever thought possible! Kwall's use of Examples throughout the book takes concepts and makes them concrete. Clarity is further gained through Problems he provides which often mimic the Examples so that you can try them on your own. The division of the book into sections on Contributions, Distributions, and Operations also allows a good side-by-side comparison of the various tax consequences of different business entities. Excellent. Highly recommend it for anyone struggling to grasp such dense material.
Book Description
Providing the necessary background for lawyers and financial planners to accurately advise clients on transferring wealth through the establishment of a business entity.
Customer Reviews:
Family Limited Partnerships.......2006-03-16
book is full of information and examples.. and tells how to go about it.. but doesn't get to all the nitty gritty.. its a good primer so you don't go to a lawyer cold. and gives good advice on some of the things that should be in the agreement.. but is not a state by state coverage and you will need more details about your state to complete anything but it gives a good reference in the back on what your looking for.
Book Description
All of the forms and instructions needed to set up a small business limited liabilty company.
Customer Reviews:
Chock full of stuff but painful to read and hard to use........2005-02-10
This book has lots of financial worksheets and checklists, but they're not written in a helpful manner or format. Plus, you end up entering much of the same info into many checklists over and over again. Worse, the text is really painful to read. It's not broken down into bite-size pieces or written in plain-English. And I have to agree with Mr. Bingham that it is hard to use the CD-ROM because you have to click into each folder to see what's there and then click into BOTH the PDF forms and text forms folders, because sometimes the forms in the two folders are just duplicates of each other while other times a form only exists in one folder or the other. In short, the book is heavy on forms and worksheets whose usefulness is questionable, and light on text.
Great Book for those wanting to start a LLC by themselves!.......2002-06-28
I find this book to be one of the best on the subject of LLC's. I myself invest in real estate and run everything through my LLC's. This book has pretty much all you need for running your company, every single form is incredibly useful. I personally do not use the Residential/Commerical lease forms because I use my own and each state and cities within the state have different rental regulations and laws. I strongly disagree with Mr. Bingham's review about the CD-Rom because in the book on pages 9-12 contain a list of the forms found on the CD-Rom and which form lable goes with which topic. An example of this is:
"Chapter 2: Business Start-Up Checklist"
Form 1: Business Start-Up Checklist (text form)"
The forms on the CD-Rom are in text and pdf format. I wonder if Mr. Bingham even opened the book because this is discussed at the beginning of the book with the "List of Forms-on-CD" section and throughout the rest of the book. I think this is a must have for those either considering forming a LLC for your business or running an existing one. This book is saving me a lot of time and effort and will do the same for you!
Book Review.......2002-01-23
This book is a fairly general overview of running a company. It doesn't really delve into anything too difficult and a lot of its bulk (number of pages) is made up by repeating the same material (as forms) with minor variations. Clarity could be greatly improved if a single iteration of the form was given, and the areas that were subject to variations were so indicated. The way it's done you have to compare 4-8 variations to see what changes between them. Another serious failing is the lack of an index for the forms on the CD. They are simply labeled Doc1, Doc2, etc. You have to open each one to find out what they are. The book does not refer to them by the names on the CD, and there is no index in either the book or on the CD. This is a mediocre book, not bad, not great.
Books:
- Foundations of Financial Management (The Mcgraw-Hill/Irwin Series in Finance, Insurance, and Real Estate)
- Fundamentals of Financial Management (with Thomson ONE - Business School Edition)
- Fundamentals of Financial Management (with Thomson ONE - Business School Edition)
- Global Networks, Linked Cities
- Going Solo in the Kitchen
- Handbook on Ontologies (International Handbooks on Information Systems) (International Handbooks on Information Systems)
- History: Fiction or Science? (Chronology, No. 1)
- History: Fiction or Science? (Chronology, No. 1)
- History: Fiction or Science? (Chronology, No. 1)
- History: Fiction or Science? (Chronology, No. 1)
Books Index
Books Home
Recommended Books
- A History of the English-Speaking Peoples Since 1900
- Night Embrace
- Computational Biology: Unix/Linux, Data Processing and Programming
- Embryologist: My Eight Decades in Developmental Biology
- History: Fiction or Science
- Telling Ain't Training
- Note of Peril
- Construction Project Administration
- Dutch Colonial Homes in America
- Field Guide to the Wild Flowers of South-east Australia
General
| Business & Investing
| Subjects
| Books
Your Limited Liability Company: An Operating Manual (book with CD-Rom)
Nolo's Quick LLC: All You Need to Know About Limited Liability Companies
LLC or Corporation? How to Choose the Right Form for Your Business
How to Use Limited Liability Companies & Limited Partnerships
Profits, Taxes & LLCs (Series 200: Investors & Businesses)
