Live Webcast/Rebroadcast – You watch the course online at the specified date and time shown below. You can ask questions and receive answers during the course.
On-Demand – You watch the course anytime and will have access to the course 24/7. Our On-Demand courses are available within 5-10 business days after the original recording and accessible for one year.
This program was recorded on December 11, 2018
The limited liability company (LLC) is a popular entity structure for small business owners who want liability protection without the perceived red tape associated with setting up and managing a corporation. Few business owners understand the requirements, implications, benefits, and restrictions associated with an LLC. This course covers the pros and cons of an LLC as well as the basics of formation, management, and taxation. This course also provides guidance on advising clients regarding choice of structure, working collaboratively with a client’s CPA, and how to avoid common LLC pitfalls.
Jessica McKeegan Jensen
Jessica McKeegan Jensen is a Senior Attorney and CEO with Jensen Milner | Cap City Law PS of Olympia, Washington. Jessica brings both mind and heart to her practice of law. With over 35 years of experience as an attorney and paralegal, Ms. Jensen is knowledgeable in more than just one narrow slice of the law. Her general practice focuses on business, succession planning, real estate, land use, estate planning, and probate because these areas of law so often intersect for her clients. Jessica and her firm utilize a holistic, collaborative approach in their practice of law.
2 General Credits
ProLawCLE will seek approval of any CLE program where the registering attorney is primarily licensed with exceptions stated below. Application is made at the time an attorney registers for a course, therefore approval may not be received at the time of broadcasting.
ProLawCLE does not seek approval in the state of Virginia.
Each state has its own governing rules and regulations with regards to CLE courses and formats, therefore please contact your state MCLE regulatory entity for further details about your state’s rules. Please visit our State Requirements page for information regarding your state’s CLE requirements and/or contact information for your state bar.
As stated in our Reciprocity Provision, ProLawCLE will grant credit in the following states through reciprocity, therefore direct application will not be made in these states:
AK, AR, CO, FL, ME, MT, ND, NH, NJ, NY, and PR.
ProLawCLE is dedicated to providing quality education from expert speakers and ensuring each attorney receives CLE credit for their participation. If for some reason a particular course does not receive approval in the attorney’s primary state of licensure, ProLawCLE will give credit for a future approved course or give a full refund, if applicable.
Each On-Demand course is available to you for 1 year from date of purchase. Additionally, CLE credit is only available within that year.
- What is an LLC?
- What laws governs an LLC?
- How does an LLC differ from and LLP and LLLP?
- Comparison of LLC with sole proprietorship and corporation
- How is an LLC taxed?
- Collaboration with CPA
- Operating structure
- Operating Agreement
- Roles of Members and Managers
- Fiduciary duties