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Nolo's Quick LLC: All You Need to Know About Limited Liability Companies
 
 
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Nolo's Quick LLC: All You Need to Know About Limited Liability Companies [Paperback]

Anthony Mancuso (Author)
4.2 out of 5 stars  See all reviews (42 customer reviews)


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Book Description

Nolo's Quick Llc March 2003
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.


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Editorial Reviews

Review

Mancuso provides advice on how and why to form an LLC and gives guidance on dealing with members capital and profits interest, taxation or profits management, paperwork, and soliciting legal and tax help. (Reference & Research Book News )

"Mancuso provides advice on how and why to form an LLC and gives guidance on dealing with members capital and profits interest, taxation or profits management, paperwork, and soliciting legal and tax help." (Reference & Research Book News ) --This text refers to an out of print or unavailable edition of this title.

From the Publisher

Small business owners alert! Form an LLC and protect your personal assets --This text refers to an out of print or unavailable edition of this title.

Product Details

  • Paperback: 200 pages
  • Publisher: Nolo; 2nd Edition edition (March 2003)
  • Language: English
  • ISBN-10: 0873379292
  • ISBN-13: 978-0873379298
  • Product Dimensions: 8.8 x 7.1 x 0.6 inches
  • Shipping Weight: 14.1 ounces
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (42 customer reviews)
  • Amazon Best Sellers Rank: #256,588 in Books (See Top 100 in Books)

 

Customer Reviews

42 Reviews
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4 star:
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3 star:
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Average Customer Review
4.2 out of 5 stars (42 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

101 of 106 people found the following review helpful:
5.0 out of 5 stars LLC simple, October 31, 2000
By A Customer
I recently bought this book and found it to be very informative and to the point. I looked at other books, but most were wordy. My time is limited and I needed a book that would provide me the info without the fluff. There is a good state information section that provides info like Addresses, URLs, Legal URLs, Name Requirements, and form descriptions. The actual forms are not provided but the resource is given. I would recommend this book for someone looking for enough information to answer your questions and give you guidance in going forward.
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41 of 42 people found the following review helpful:
5.0 out of 5 stars Very informative, October 16, 2002
This book breaks what you need to know to form an LLC down nicely and easily by chapter. You can skip around if you'd like, but I wanted to make sure I knew everything about the topic and read it straight through. Full of helpful examples to illustrate the concepts just presented. Definitely recommend to others looking to learn about corporate structures and most specifically, the LLC.
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31 of 31 people found the following review helpful:
2.0 out of 5 stars Not "All You Need To Know", January 16, 2006
By 
FD (California) - See all my reviews
I was hoping to be able to set up the LCC with this book, but apparently I needed to get the "How to Form an LLC" book (which I'm NOT going to do).

I've read the Nolo California Corporations book and it already covered much of the info here. What I was looking for was help with writing good articles of organization and operating agreement (specifically for a 1-person LLC).

The operating agreement example he gives is not specific to a one-person firm. A prudent person might change the language in his example operating agreement to reflect that the LLC is composed of just one person. Also, the book does not cover the fact that in CA you can specify additional info in the Articles, such as rules for admitting new members.

Awfully light for "All you need to know".
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Inside This Book (learn more)
First Sentence:
The LLC is a relatively new and highly popular alternative to the five traditional ways of doing business: as a sole proprietor, a general partnership, a limited partnership, a C (regular) corporation and S corporation. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
second postponed meeting, similar organizational document, electing corporate tax treatment, corporate tax election, limited personal liability protection, nonmanaging members, small business lawyer, personal liability for business debts, legal coach, filing office, operating agreement, allocated profits, membership interests, organizational papers, limited liability protection, membership units, limited liability status, income splitting, individual tax rates, departing member, substantial economic effect, special allocations, stock structure, income tax treatment, tax entities
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Nolo's Legal Research Center, Anthony Mancuso, Code of Federal Regulations, Corporations Compared, Legal Encyclopedia, Number of Shareholders, Tasty Treats, Tax Resources, The Situs Corporation, Department of State, Form Your Own Limited Liability Company, Neon Big-Loch Clock, San Estudillo, The Paperwork
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