My jurisdiction is: Iowa
My husband's business partner in their joint LLC is actually an "umbrella" corporation, set up for the partner's other business ventures. Paperwork, such as the operating agreement is signed in the name of the partner's umbrella company. We just noticed inadvertently...
My husband is forming an LLC with a partner who already has a business coaching business. The partner hires independent contractors to assist with the various needs of his coaching business such as accountants, attorneys, software instructors, credit counselors, etc. The purpose of the newly...
What liability or risk exposure would there be to forming an LLC (two members), one partner as an individual, the other partner named as a business entity? The business entity partner is a business consultant employing several independent contractors.