Delaware Business Blog

Understanding your options: Comparing LLCs and LLPs in Delaware

The choice of business entity and how to do it right is extremely important.
A few years ago, I took a seminar offered by the National Business Institute on Delaware LLC’s and LLP’s that I found to be extremely valuable.
The are offering this full day seminar again, this time called Understanding Your Options: Comparing LLCs and LLPs in Delaware, on June 23 in Newark, DE.

The NBI caters to lawyers, CPA’s etc. because their seminars and courses qualify for continuing education credits, but that doesn’t mean regular business owners and entrepreneurs shouldn’t give this course some consideration. I’m neither an attorney nor an accountant, but I found the information extremely valuable from a business standpoint. Here’s some more information on the seminar-

In recent years LLCs have fast become an entity of choice for many business ventures because of their tax advantages and flexibility. Another entity, the limited liability partnership (LLP), brings new challenges, as well as new alternatives in corporate planning. In order to best help your business clients, you need to have a thorough understanding of all entity types. Most business planning professionals are familiar with S corporations and sole proprietorships, but do you have the knowledge you need about these alternate entities?

This unique seminar will give you a thorough knowledge of LLCs and LLPs. Learn about the advantages of these entities compared to others available, so you can help your clients select the appropriate business structure. Explore the tax advantages of these entities. Understand the compliance responsibilities your clients will need to commit to. Get practical tips for creating and operating a business using these entities. Learn about the other uses for LLCs and LLPs. Don’t miss this opportunity to expand your business law expertise.

  • Compare LLCs and LLPs to other available business structures.
  • Get specific ideas for taking advantage of tax savings offered by LLCs and LLPs.
  • Find out how to get – and stay – in compliance with state law.
  • Discuss protection for liability, property transfers and one-person LLCs.
  • Learn tips for smooth formation and operation of these entities.
  • Find out how these entities can be used to hold real property and help with estate planning.
  • The cost to attend is $279 for the first registrant and $229 each additional registrant.

    If you’re interested, you can view the agenda or register online.
    It’s likely that I’ll attend again this year; maybe I’ll see you there!

    Leave a Reply

    Your email address will not be published. Required fields are marked *