Sign Kentucky Banking Operating Agreement Myself

Signature voter agreement template

hey everyone welcome back to another episode of ask Evan the series where I answer your questions every Friday congratulations you're now an LLC so after you get that exciting piece of paper in the mail one of the other common questions that comes up is how can we make sure that we keep that fence strong and one of the ways that we're going to keep that fence strong is to make sure that you're signing contracts properly which is why I'm really excited about this week's question this week's question comes to us from Angela who lives in Florida Angela ass if I'm the only owner of my LLC how should I sign a contract great question Angela lending the surprises or confuses a lot of creative business owners is that once you become an LLC your LLC kind of is treated as its own person legally it's its own separate thing and so you and your LLC are no longer one in the same and this is important this is the whole purpose that we've created that LLC remember we want to keep that fence between our personal life and our business life so if anything goes wrong on either side you can't cross over and so our LLC kind of has to be treated as its own person the first place we're gonna check is kind of the parties of the contract we're gonna want to make sure that the contract is between the LLC and the other person so at the very beginning of a contract kind of up in those where as is all of that beginning part of a contract all that legal jargon at the beginning it's going to say that the contract is between the LLC and someone else you want to make sure that your name is not listed there whatsoever in my case it would be that the contracts between the artistry D LLC and someone else I want to make sure it doesn't say anything about Kiffin e Staley so that's the first place you're going to check the second place you're going to check is down at the very bottom of the contract in the signature block and you're going to want to make sure that the contract is being signed by you on behalf of the LLC and there's two different kind of ways you can go about this the first way is just like I said it's gonna say carefully stalee on behalf of the artist GD LLC that's one way you can do it the second way and kind of the more preferred way is to have your name and your title and then the LLC's name so in my instance it could be Tiffany Staley manager the artist JD LLC now this is kind of the preferred way to do it there's a couple different titles that can go after your name we could have manager we could have member if you're the only member of your LLC we could even have sole member if your LLC operating agreement allows presidents or other kind of officers of the LLC you could have Tiffany Staley president the artist JD LLC so the one thing we want to make sure that's not there is owner for example Tiffany Staley comma owner the artist JD LLC even though you're the owner of the LLC that's not the traditional LLC terminology the traditional LLC terminology is member and so you want to make sure that even though you are the business owner that that word owner is nowhere near that contract so that's all you're going to make sure that the contract is between the LLC and the other person up at the top of the contract and you're going to scan to the bottom of the contract and make sure the signature block has you signing either as your the Hat that you're wearing of member or manager of the LLC or that you're signing on behalf of the LLC thanks for that great question Angela got a question you want me to answer in an upcoming episode then make sure you head over to the artist JD com that's the place where I have a forum for you to fill out so you can submit a question but the only way to vote on which questions we answer is by being on my email list where I send out the questions that have been submitted and you get to vote on which one I answer so head over there using the link below and make sure you get on the list I hope this episode of ask if helped add a little bit of ease to the legal ease of running your creative business make sure you tune in next week when we're going to be talking about how you can do those holiday gift guide and other roundups without tuning in legal hot water see you then