John J. Laubmeier
Forming a limited liability company (“LLC”) in Wisconsin is easy. All you need is $130.00 and the creativity to come up with a name that has not been previously registered. However, simply paying the filing fee and registering your business as an LLC with the Department of Financial Institutions (“DFI”) is not, in and of itself, sufficient to ensure that your business is actually protected with limited liability. To receive the statutory protections of being a limited liability company, including protecting your personal assets, you must keep in mind the following:
If you have any questions about how the information in this article may affect you or your business, please contact John Laubmeier at jlaubmeier@stroudlaw.com or (608) 257 2281 or your Stroud attorney.
DISCLAIMER: The information in this article is provided for general informational purposes only, is not necessarily updated to account for changes in the law, and should not be considered tax or legal advice. This article is not intended to create, nor does the receipt of it constitute, an attorney-client relationship. You should consult with your own legal and/or financial advisors for legal and tax advice tailored to your specific circumstances.