Chinki

Chinki

How Is an LLC Treated in a Divorce in Texas?

When going through a divorce in Texas, one of the most complex assets to deal with is a business — particularly a Limited Liability Company (LLC). If you or your spouse own an LLC, you may be wondering: How is…

How Is an LLC Treated in a Divorce?

If you or your spouse own a Limited Liability Company (LLC), you may be wondering how the business will be handled during a divorce. An LLC is a valuable asset — and like all property acquired during a marriage, it…

Does an LLC Have a Board of Directors?

When starting a Limited Liability Company (LLC), one of the most common questions new business owners ask is: “Does an LLC have a board of directors?” The short answer: No — LLCs do not have a board of directors unless…

Do LLCs Have a Board of Directors?

If you’re considering forming a Limited Liability Company (LLC) or are already managing one, you may wonder: Do LLCs have a board of directors like corporations? The short answer: No, LLCs do not have a board of directors by default.…

Can Two Partners in an LLC Sue Each Other?

Disputes among business partners are not uncommon. Even the strongest business relationships can be tested by disagreements over money, management, or direction. But what happens when things go too far? Can one partner in an LLC sue another? The short…