Tax Leverage Corporate Leverage: How the Top 1% of Business Owners Protect Their Legal Rights in the Company/Operating Agreement
Jun 14, 2023
Lynnsee Starr, a Corporate and Real Estate Attorney, emphasizes the crucial role of company operating agreements in protecting legal rights. She highlights the common mistake business owners make by neglecting these agreements, risking limited liability. Starr discusses practical scenarios where such agreements are essential, particularly in partnerships and real estate transactions. She also explores creative legal provisions that help safeguard member interests and maintain trust, covering everything from decision-making processes to buy-sell provisions.
Chapters
Transcript
Episode notes
1 2 3 4 5
Intro
00:00 • 2min
The Importance of Company Operating Agreements and Liability Protection
01:40 • 2min
Understanding the Role of Company Agreements in Real Estate Transactions
03:28 • 2min
Understanding Major Decisions in Company Agreements
05:06 • 2min
Essential Protections in Operating Agreements
06:55 • 7min