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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)

by Anthony Mancuso (Author) "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,..." (more)
Key Phrases: second postponed meeting, similar organizational document, electing corporate tax treatment, Nolo's Legal Research Center, Anthony Mancuso, Code of Federal Regulations (more...)
3.9 out of 5 stars See all reviews (15 customer reviews)


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Editorial Reviews

Review
"Nolo has been publishing excellent self-help legal manuals since 1971." -- Kiplinger's Personal Finance Magazine

"Nolo publications... guide people simply through the how, when, where and why of the law." -- The Washington Post

"When it comes to self-help legal stuff, nobody does a better job than Nolo." -- USA Today --This text refers to the Paperback edition.

Product 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.

See all Editorial Reviews


Product Details

  • Paperback: 200 pages
  • Publisher: Nolo.com (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: 3.9 out of 5 stars See all reviews (15 customer reviews)
  • Amazon.com Sales Rank: #613,306 in Books (See Bestsellers in Books)

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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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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Customer Reviews

15 Reviews
5 star:
 (6)
4 star:
 (5)
3 star:
 (1)
2 star:
 (3)
1 star:    (0)
 
 
 
 
 
Average Customer Review
3.9 out of 5 stars (15 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
95 of 99 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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40 of 41 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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19 of 19 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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Most Recent Customer Reviews

2.0 out of 5 stars Too basic and repetitive
I had high hopes for this book but it did not meet my expectations. The book does a decent job explaining the difference between an LLC and other entities like C corp, S corp,... Read more
Published 14 months ago by Alberto Vargas

2.0 out of 5 stars Beware! Does not deliver what it promises- unless you pay more!!!
The information in this book seems correct as far as it goes. But the book's subtitle says "All you need to know about limited liability companies. Read more
Published 19 months ago by David Laufer

5.0 out of 5 stars Useful and Easy to Understand
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... Read more
Published 21 months ago by Carsten Cumbrowski

5.0 out of 5 stars Quick easy read, Great Information!
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... Read more
Published 23 months ago by Scott J. Mcintosh

5.0 out of 5 stars An excellent manual essential not only to business owners
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... Read more
Published on July 7, 2007 by Midwest Book Review

4.0 out of 5 stars Informative, Provides a Framework, A Bit Conservative
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... Read more
Published on February 11, 2007 by Avid Reader

4.0 out of 5 stars Very Helpful Book, Helped Me Decide That An LLC Is Right For ME!
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. Read more
Published on December 4, 2006 by Brandon Hoffman

4.0 out of 5 stars This book did what it set out to do
This got us started on the road to our new biz, but what it lacked was real help filling out the State forms. Read more
Published on April 5, 2006 by Gadget Girl

5.0 out of 5 stars Great LLC Premer
This book and the accompaning book entitled "Form your LLC" are the best books that I have read on the subject. Read more
Published on March 14, 2006 by T. Meinzer

3.0 out of 5 stars Nolo's Quick LLC
Left a lot of questions unanswered. Gave reference to find more detail answers to questions about LLCs. Read more
Published on February 26, 2006 by Sherwood J. Sohmers

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