Law Office of Richard M. Russell
197 Palmer Avenue
Falmouth, Massachusetts 02540
508.457.7557
rmr@richardmrussell.com

This site does not provide legal advice. Please visit the Law Office of Richard M. Russell for information specific to your circumstances.

The Limited Liability Company "Trap"

The Office of the Massachusetts Secretary of State will permit a person(s) to establish a Massachusetts Limited Liability by simply submitting an on-line form:  https://corp.sec.state.ma.us/corp/FilingForms/0801024.asp?stage=DataInput.

Submitting this form, without otherwise formalizing the relationships among the persons participating in the limited liability company, subjects those persons to the provisions of Massachusetts General Laws, chapter 156C. This chapter is extensive and persons forming a limited liability company who are unaware if its provisions are operating in the dark and at risk of being disappointed--perhaps significantly so--by application of its provisions.

Don't allow the ease of forming a limited liability company to lull you into concluding that the matter is a simple one.