LLC

How to Start an LLC in Utah

You have a great business idea, you have a business plan, now you need to form the entity to start conducting business. After reviewing the options, you have decided a limited liability company (LLC) is the best choice for you. Making the choice to create an LLC is a big decision, but there are still …

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How to Own Your Real Estate

Real estate encompasses not only one’s primary residence but also other real estate such as a vacation home or a rental property. The ideal form of ownership varies depending on the type of real estate you own. Below, we take a look at the different types of real estate and offer advice about the best …

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Does a DBA Protect Me from Personal Liability?

Joseph G. Ballstaedt801.365.1021joe@snjlegal.com A client of mine owned a company that was involved in a lawsuit, and he was not worried about personal liability because the company was a DBA (“doing business as”). He, personally, had applied for and obtained the DBA, so he was mistaken. He, personally, was liable for any claim or judgment …

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How to Pierce Through the Corporate Veil to Hold Individuals Personally Liable

Joseph G. Ballstaedt801.365.1021joe@snjlegal.com It might be argued that the American Dream—the opportunity and right to pursue prosperity and financial success—is based upon the corporate structure. To avoid much of the personal liability associated with running a business, an individual can form a corporation or limited liability company that is separate from the individual and that bears …

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Limited Liability Company: Who Is It For?

A hybrid of partnerships and corporations, an LLC provides limited liability for all of its “members.” This is true even as management of the company may remain the same as a general or limited partnership. Its structure is flexible, allowing for a wide variety of situations, and formalities minimal, requiring little else than a filing of Articles of Organization with …

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