Author Archives: teton_cecil

Don’t Let Your LLC Become Administratively Dissolved

(This is one of the worst things that can happen to your LLC) Carol Gonnella, JD & Cecil Smith, JD Many of our clients have created limited liability companies (LLCs) to hold some of their assets. This is often done because the client has a goal of creditor protecting the assets in the LLC. Individuals […]

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Single-Member LLCs

Single-Member LLCs Are they worth the paper they are written on? Cecil D. Smith, JD & Carol H. Gonnella, JD October 2011 In the asset protection world, LLCs have become the strategy of choice for both business and estate planning.  LLCs are used for asset protection and for discounting of the value of assets in […]

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