Are Operating Agreements Required For Kansas LLCs?
July 7, 2022 - Posted by: Matthew T. Kincaid - In category: Business Disputes, Business Organization, Kansas LLCs - No responses
Yes, operating agreements are required for Kansas limited liability companies. Read on to explore this topic in greater detail. As we wrote more than a year ago, forming an LLC is not easy. Those who have a contrary opinion can be found in places near and far, including in Facebook groups dedicated to various different […]
Why Owning an LLC in Your Own Name May Be a Big Mistake
September 10, 2018 - Posted by: Matthew T. Kincaid - In category: Business Organization, Kansas LLCs - 3 comments
Business interests are probate assets. You read that correctly—the lengthy, expensive, contentious, publicly available probate process may involve your limited liability company’s membership interest or corporation’s shares in the event of a major accident or death. Even some of the most sophisticated business owners do not realize this, resulting in a potentially dangerous planning gap. […]