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The Undersigned Authorized Manager or Member or Person Forming This Limited Liability Company under the Small Business Entity Ta

The Undersigned Authorized Manager or Member or Person Forming This Limited Liability Company under the Small Business Entity Ta

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Instructions and help about The Undersigned Authorized Manager Or Member Or Person Forming This Limited Liability Company Under The Small Business Entity Tax Pass

hi my name is Chris Jackson I've been a practicing business attorney for over 25 years and one of the common questions I get from my clients is should I set up a member managed LLC or a manager managed LLC so this video I'm going to cover first what is a member manage LLC what is a management jealousy second at what point should you make the decision whether to be member mass or manager managed and can you change your mind later third what are the pros and cons of member manage versus manager managed and lastly what do I recommend [Music] okay so number one what is a member managed limited liability company versus a manager managed limited liability company and the answer is a member managed LLC is managed by the members the owners of the LLC each one of those members or owners is taking part in the day-to-day activities and decision making of the limited liability company they have to work together for a common goal hopefully have a common Vision hopefully you get alon

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