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Corporate Resolutions Re Compensation & Dividends Form

Corporate Resolutions Re Compensation & Dividends Form

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[Music] okay do I need corporate resolutions for my LLC uh yes you do I'm attorney Nick Gilbert in San Antonio Texas and I want to talk about corporate resolutions so corporate resolutions are not like New Year's resolutions they're not things you're promising to do there are things that you have done so you are doing these things you are making a resolution uh kind of memorializing that decision or that action that the LLC took so corporate resolutions help to do what I call papering the file okay so I tell my clients all the time when reforming llc's the papering the file is a hugely important thing that you're going to do in your LLC maintenance going forward so managing that business creating a paper trail creating corporate records that show that this is an actual business as opposed to the alter ego of the owner so we want to make sure that this business looks and acts like a normal business there's no difference between you

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