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Limited Liability Company to Husband and Wife  Form

Limited Liability Company to Husband and Wife Form

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Instructions and help about Limited Liability Company To Husband And Wife

should my spouse and I own an LLC together that's the question I'm answering today I'm Aaron Hall business attorney in Minneapolis Minnesota you might be forming a business with your spouse maybe it's an LLC maybe it's a corporation the question often comes up should we both own it 50/50 or maybe 5149 often with the majority 51% owned by the female and then the majority owned by the male so that the business can be considered woman owned or minority-owned these kinds of questions come up so first off on that minority-owned the question I asked my clients will you be applying for government contracts or are there customers that you're trying to get who actually care whether the business is woman or minority owned if the answer is they don't care then let's not add that complexity to your business the next question is is there any other reason to have it owned by two business owners the first reason people say as well I hope

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