

Not understanding the implications of single-member PLLC status
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Find similar items here:
what is a pllc
- Not having a plan for resolving member disputes
- What factors are considered when valuing a professional practice organized as a PLLC?
- What are the tax consequences for the heirs who inherit membership interests in a PLLC?
- Failing to understand the management structure of the PLLC
- What role does insurance play in protecting the personal and business finances of PLLC owners?
- Assuming the PLLC structure is permanent and doesn't need review
- What are the potential pitfalls of forming a PLLC without legal advice?
- Are there any restrictions on who can inherit membership interests in a PLLC?
- How can PLLC members create a budget for their business and personal finances?
- Ignoring the potential for one member's actions to negatively impact the reputation of the PLLC and other members
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