LLC's: When and How to Use Them
April 2008
LLC's: When and How to Use Them
Co-sponsored by the Business Law Section of the Colorado Bar Association
Program Description
As in other states, the limited liability company (LLC) has become a very popular form of business entity for Colorado businesses. What are the advantages and disadvantages of choosing an LLC as your client's business entity? What are the tax issues that drive entity selection and when do they tell you to pick the LLC as your business entity? Find out in this practical, in-depth program devoted exclusively to LLC law!
During the morning, our distinguished faculty will lead you through the basics of entity choice and the nuts-and-bolts of drafting the key LLC organizational documents. After lunch you will learn about how to use the LLC as an estate planning tool. Our program concludes with a look at how to use an LLC in three additional contexts: Using the LLC interest as collateral, using the LLC for professional firms, and using the LLC in real estate transactions and ventures.
Whether you are a business law attorney, real estate attorney, estate planning attorney, general practitioner, or just need to know when it makes sense to use an LLC, you owe it to yourself to attend this superb program.
Mark your calendar today!
What You Will Learn:
- Tax Drivers of Your Business Entity Choice: When to Choose an LLC and When Not To
- Organization of the LLC and How to Draft the Documents
- Using the LLC as an Estate Planning Tool
- Using the LLC Membership Interest as Collateral
- Using the LLC in Real Estate Transactions and Ventures
- Using the LLC for Professional Firms
Who Should Attend:
- Business law attorneys
- Corporate attorneys
- Estate planning attorneys
- Real estate law attorneys
- Anyone who needs in-depth knowledge of this increasingly popular form of business entity!
Agenda
8:30 AM
Registration
9:00 AM
Tax Drivers of Your Entity Choice: When to Choose an LLC and When Not To
- Tax issues that drive choice of entity
- Forms from which to choose
- Flexibility (and corresponding complexity) in structuring the economic arrangements of an LLC
Presented by Allen E. F. Rozansky, Esq.
9:55 AM
Organization of the LLC and How to Draft the Documents
This presentation provides practical, “how-to” guidance on drafting the documents required to set up an LLC. Topics to be covered include:
- Mini-review of the Colorado LLC Act
- Articles of Organization
- Operating Agreements
- Management and Control Issues
- Minutes and Records
Presented by Patrick J. Linden, Esq. and Trygve E. Kjellsen, Esq.
10:50 AM
Break (15 minutes)
11:05 AM
Organization of the LLC and How to Draft the Documents (continued)
12:00 PM
Lunch (On Your Own; 1 hour, 25 minutes)
1:15 PM
Using the LLC as an Estate Planning Tool
An LLC can be used as an estate planning tool. Learn about this exciting and complex area of LLC law! Topics include
- Use of an LLC for business succession and tax purposes
- Gift in Estate tax discounts
- Coordination of the LLC with trusts and partnerships
- And more!
Presented by Michael D. Brown, Esq., CPA
2:05 PM
Break (10 minutes)
2:15 PM
The LLC for Professional Firms: When is it the Right Choice?
Presented by Allen Sparkman, Esq.
2:45 PM
The LLC Membership Interest as Collateral
Presented by Herrick K. Lidstone, Jr., Esq.
3:15 PM
Break (10 minutes)
3:25 PM
The LLC in Real Estate Transactions and Ventures
Presented by Beat U. Steiner, Esq.
3:55 PM
Panel Discussion: Best Ways to Use LLC's
Panelists: The Program Faculty
Moderator: Brock R. Wood, Esq., CBA-CLE Program Attorney
4:10 PM
Adjourn
Faculty
Michael D. Brown, Esq., CPA
Law Office of Michael D. Brown
Arvada, CO
Trygve E. Kjellsen, Esq.
Kamlet Shepherd & Reichert, LLP
Denver, CO
Herrick K. Lidstone, Jr., Esq.
Burns, Figa & Will, PC
Greenwood Village, CO
Patrick J. Linden, Esq.
Kamlet Shepherd & Reichert, LLP
Denver, CO
Allen E. F. Rozansky, Esq.
Rozansky Law, LLC
Denver, CO
Allen Sparkman, Esq.
Sparkman Shaffer Perlick, LLP
Boulder, CO
Beat U. Steiner, Esq.
Holland & Hart, LLP
Boulder, CO
Location Information
CLECI Large Classroom
1900 Grant Street, Suite 300
Denver, CO 80203
Get directions
1900 Grant Street, Suite 300
Denver, CO 80203
Registration Fees
| $269.00 | |
| CBA | $239.00 |
| CORP | $209.00 |
| $199.00 | |
| $199.00 |
- General Credits: 6.00
- Ethics Credits:
- EDI Credits:
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