Thomas McKenzie, the visionary behind McKenzie Legal and Financial, is a prominent figure in family estate planning as a Los Angeles LLC attorney. As a highly qualified financial advisor and legal planner, Thomas adopts a hands-on approach, personally crafting and customizing all documents to ensure comprehensive coverage for each individual.
Without an experienced LLC attorney, businesses may face compliance issues, asset protection gaps, internal disputes, unclear ownership structures, and challenges with complex business laws. McKenzie Legal & Financial's skilled LLC attorneys in Los Angeles offer comprehensive legal support to address these issues. From ensuring regulatory compliance to structuring solid ownership agreements, we provide solutions to safeguard your business interests. Trust us as your reliable partner in navigating the legal complexities of business operations.
McKenzie Legal & Financial stands out as the premier choice for estate planning, boasting a wealth of expertise and a proven track record. Our team of seasoned Los Angeles estate planning attorneys is dedicated to tailoring comprehensive solutions and safeguarding your assets from potential risks. Request a 30-minute consultation to witness how we align financial and legal strategies with your needs.
What distinguishes us is our steadfast commitment to excellence, providing personalized attention, and a thorough approach to ensure your financial future is secure. Rely on McKenzie Legal & Financial for top-tier Los Angeles LLC attorney services, where our expertise forms the foundation of your financial security and legacy preservation. Reach out to our legal professionals at 562-526-6941 to strengthen your financial outlook and safeguard your legacy.
A limited liability company (LLC) is a business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. LLC owners report business profits or losses on their personal income tax returns; the LLC itself is not a separate taxable entity. Like owners of a corporation, however, all LLC owners are protected from personal liability for business debts and claims — a feature known as “limited liability.” This means that if the business owes money or faces a lawsuit, only the assets of the business itself are at risk. Creditors usually can’t reach the personal assets of the LLC owners, such as a house or car. (Both LLC owners and corporate shareholders can lose this protection by acting illegally, unethically, or irresponsibly.)
It is imperative to establish this entity BEFORE you are involved in a lawsuit or other action against you regarding the underlying asset or property. In addition, if you have more than one entity to protect (e.g. two or three rental properties), it is best to establish an LLC for each of them, as separating them from each other provides much greater asset and liability protection. Our Los Angeles LLC attorney can help you form, organize, and represent limited liability companies in California.
Finally, one of the least expensive methods of providing asset protection is known as an umbrella policy. Although this is a service we do not provide, we believe it is useful for you to understand the benefits. An umbrella policy is extra liability insurance which is designed to help protect you from major claims and lawsuits, by providing additional liability coverage above the limits of your homeowners, auto and boat insurance policies. For example, you may purchase from your property and casualty agent, one or two million dollars in additional protection on all underlying policies, at a very reasonable cost. In our very litigious society, it is certainly something you may want to consider.
As your trusted Los Angeles LLC attorney at McKenzie Legal & Financial, we are ready to fortify your business for sustained success. We are your trusted partner in securing your company's future. Benefit from our focused expertise, personalized solutions, and commitment to mitigating risks. Whether you're forming a new LLC or seeking comprehensive legal support for an existing one, we're here to guide you every step of the way. Don't leave your business's future to chance. Contact us today at 562-526-6941.