Entity Formation

//Entity Formation

October 2018 LLC Formation and Termination

Created several new limited liability companies (LLCs). DeAngelis Legal represented a couple current and new clients with the formation of LLCs.  DeAngelis Legal assisted the clients with entity type selection and tax classification, preparing the formation documents and filing the Articles with the Arizona Corporation Commission for approval.  DeAngelis Legal also terminated one entity which was [...]

By | 2018-11-18T15:14:56+00:00 November 15th, 2018|Entity Formation, Recent Projects, Business Services, Protecting Family Wealth|Comments Off on October 2018 LLC Formation and Termination

Choice of Entity – Types and Uses of Legal Entities

Choice of Entity The Tax Cuts and Jobs Act signed in December of 2017 reduced the income tax rate on corporations and pass through entities.  The Act, coupled with an increase in business activity in Arizona, has created a lot of questions about the appropriate choice of entity, i.e., what is the best type of [...]

By | 2018-10-23T14:01:36+00:00 October 22nd, 2018|Real Estate, Past Newsletters, Entity Formation, Business Services, Protecting Family Wealth|Comments Off on Choice of Entity – Types and Uses of Legal Entities

199A Pass through Deduction

On August 8, 2018 the IRS issued regulations interpreting the new 20% deduction for qualified business income (QBI) created by the Tax Cuts and Jobs Act -- signed into law on December 22, 2017 (“TCJA”), also known as the 199A Pass Through Deduction.  Here's a summary of the basic rules: What is the 199A pass through [...]

By | 2018-10-23T14:48:06+00:00 August 8th, 2018|Entity Formation, Business Services, Homepage|Comments Off on 199A Pass through Deduction

June 2018 Formation of Entities

Represented several different entrepreneurs with the formation of entities in the medical and construction industries. DeAngelis Legal assisted with the entity selection, structure and prepared the necessary formation documents for the entities which included a comprehensive shareholders agreement, bylaws and employment agreements for one entity and an operating agreement for the other.

By | 2018-07-19T18:36:40+00:00 July 15th, 2018|Entity Formation, Recent Projects, Homepage|Comments Off on June 2018 Formation of Entities

April 2018 Arizona LLC Act signed into law April 10, 2018

Quinn has been participating on the State Bar's Business Law Section committee reviewing and drafting Arizona's new Limited Liability Company Act that was signed into law April 10, 2018. He is also on the panel of speakers introducing the legislation at the State Bar Convention in June. The Act does not become effective until September [...]

By | 2018-05-15T18:29:35+00:00 May 15th, 2018|Entity Formation, Recent Projects, Business Services, Homepage|Comments Off on April 2018 Arizona LLC Act signed into law April 10, 2018

March 2018 LLC Operating Agreement

Represented owners of closely held business with the preparation of a comprehensive LLC operating agreement.  Entrepreneurs wanted to resolve ownership and operation issues with respect to their new online apparel and health website.  DeAngelis Legal met with the owners to determine their objectives, provided alternative solutions and prepared a comprehensive operating agreement documenting their preferences [...]

By | 2018-05-15T18:32:19+00:00 April 15th, 2018|Entity Formation, Recent Projects, Succession Planning|Comments Off on March 2018 LLC Operating Agreement

August 2017 Entity Formation

August 2017 Entity Formation Created real estate holding company and loan documents.  Parent and child desired to purchase real estate.  Prior to forming the entity, DeAngelis Legal discussed issues, objectives and alternatives with the parent and recommended an alternative structure to achieve the family’s objectives in an easy to maintain and tax efficient structure.  DeAngelis [...]

By | 2018-08-11T16:31:10+00:00 September 15th, 2017|Entity Formation, Recent Projects, Business Services|Comments Off on August 2017 Entity Formation

July 2017 Operating Agreements for LLCs

LLC News.  Limited liability companies or LLCs have become the entity of choice over the last 20 years and can be used for a variety of purposes from a single member real estate holding company to a multimember operating business and everything in between.  The lack of annual filing requirements, flexible taxation and ease to [...]

By | 2018-08-11T16:45:12+00:00 July 15th, 2017|Past Newsletters, Entity Formation, Business Services|Comments Off on July 2017 Operating Agreements for LLCs

June, 2017 Entity Formation.

Corporate.  Created several new entities including a medical practice and real estate holding companies for three separate clients.  DeAngelis Legal assisted the owners with the choice of entity and structure, prepared the necessary formation documents and satisfied the Arizona Corporation Commissions requirements for formation.

By | 2018-08-11T16:46:19+00:00 July 15th, 2017|Entity Formation, Recent Projects, Business Services|Comments Off on June, 2017 Entity Formation.

May, 2017 Real Estate and Estate Planning

Real Estate and Estate Planning.  Assisted trust beneficiary with a co-tenancy agreement with the sister for a family vacation home.  DeAngelis Legal successfully drafted, negotiated and implemented the agreement which addressed the use, financial obligations, transfer restrictions, valuation and arbitration of issues related to the joint ownership of the property.

By | 2018-08-11T16:46:38+00:00 June 15th, 2017|Real Estate, Entity Formation, Recent Projects, Business Services, Homepage|Comments Off on May, 2017 Real Estate and Estate Planning