The Single Member LLC (“SMLLC”) Document Form Package

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Interested to add significant asset protection for your clients to your practice, while also adding a new source of revenue?

Asset protection is certainly of the hottest topics in estate planning today.  But, many attorneys think that Asset Protection Planning only applies to very large, high net worth clients or think that it is too difficult to learn and do properly.  The fact is, a very important basic building block in asset protection, the Single Member LLC (or “SMLLC”), can be easily tied in with many middle-class Living Trust estate plans…if you know how.

Thanks to the experiences and expertise of attorney, Mason D. Salisbury, we are pleased to announce the release of The Single Member LLC (“SMLLC”) Document Form Package, which comes with all of the forms you will need to prepare asset protection SMLLCs for your clients and start helping them better protect their assets.

Click the “Details” tab to see what’s included in this extensive and complete package that will allow any estate planning attorney a very simple and easy way to add SMLLC planning to any Living Trust-centered practice!

What’s included in The Single Member LLC (“SMLLC”) Document Form Package?

The Single Member LLC (“SMLLC”) Document Form & Training Package is an extensive package that comes complete with the following items:

Data CD-ROM containing the following modifiable documents:

  • SMLLC Disregarded Entity (ONE Manager)
    • Asset Protection Operating Agreement
    • Explanatory Attorney Letter on Safe LLC Operation
    • Mediation and Arbitration Rules
    • Instruction Letter
    • Sample Document
    • Fee Statement
  • SMLLC Disregarded Entity (TWO Manager)
    • Asset Protection Operating Agreement
    • Explanatory Attorney Letter on Safe LLC Operation
    • Mediation and Arbitration Rules
    • Instruction Letter
    • Sample Document
    • Fee Statement
  • SMLLC Electing Sub S (ONE Manager)
    • Asset Protection Operating Agreement
    • Explanatory Attorney Letter on Safe LLC Operation
    • Mediation and Arbitration Rules
    • Instruction Letter
    • Sample Document
    • Fee Statement
    • Tax Doc Letter 2553
  • SMLLC Electing Sub S (TWO Manager)
    • Asset Protection Operating Agreement
    • Explanatory Attorney Letter on Safe LLC Operation
    • Mediation and Arbitration Rules
    • Instruction Letter
    • Sample Document
    • Fee Statement
    • Tax Doc Letter 2553
  • Implementation Tools:
    • Proposal/Questionnaire
    • Sample Proposal/Questionnaire
    • Sample Operating Agreement
    • IRS 2553 Suggestions & Example
    • Tips for Applying for an SMLLC EIN Online
    • Tips for Using the “Find and Replace” Features (for Standard/Microsoft Word Version only)

BONUS: Mason Salisbury’s Presentation “How to Properly Set Up & Organize a Single Member LLC to Protect Your Client’s Assets” (a $219 value!) - - With your purchase of either our Standard or Premium Version, you will receive our 90-minute educational program with printed handouts and audio CD-Rom absolutely free.

The Standard Version includes modifiable Microsoft Word “Find & Replace” SMLLC forms.  The Premium Version includes HotDocs® templates, which must be utilized with compatible HotDocs® software (not included).

Reviews

  1. Michael Tucker, Esq.

    I thoroughly enjoyed your presentation and I am also glad that I decided to purchase the entire package. I see a great future using your materials. They are much more extensive than I could have imagined. It not only trains the attorney and his staff (if he has one) but it becomes a good training for the client as well.

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HotDocs® is a software application that significantly reduces the time spent generating customized documents, such as contracts, sales proposals, government and court forms, legal documents, loan applications, and medical forms.

Using HotDocs®, you can transform any PDF document or word processor file into an interactive template by marking changeable text with HotDocs® variables. Then, the next time you want to generate a completed form or text document, just assemble the interactive template you’ve created. As you do this, you will be prompted for the information needed in the document and that information will be merged into the document.

When using HotDocs®, you can perfect a template, minimizing the “human error” factor that repetitive typing introduces. Additionally, you can automate your templates so that verb tenses, gender references, dates, numbers, calculations, and more are updated automatically as users enter information. Custom interview questions and help resources guide you or your users through the interview.

Virtually any document in your workflow can be converted to a HotDocs® template, including lengthy and complex documents. HotDocs®templates then become your gold standard—experienced colleagues can share their knowledge, and new colleagues come up to speed faster. Using HotDocs®, you can compile an invaluable repository of special language, unique clauses or terms, correspondence, and more.

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Below are common questions that customers have about this particular product that might be helpful to you in your purchasing decision.

  • Q: What makes this SMLLC form so unique?
    A: Not only is it compatible with those already utilizing HotDocs® and other popular legal document production software and systems, but it was designed by a seasoned attorney, Mason D. Salibury, who has been preparing hundreds and hundreds of LLCs for almost 15 years and has brought forth his background in debtor creditor litigation to make this SMLLC much more asset protection friendly.
  • Q: Is the package easy to implement and use?
    A: Yes, especially with the Premium Version, which utilizes HotDocs® to make word processing much more automated and efficient.  The Standard Version includes a Microsoft Word version with “Find & Replace” features.  The Standard Version includes instructions on how to utilize the “find and replace” features so quickly and easily learn how to draft these documents for your clients.
  • Q: I’m not an attorney.  Can I purchase this?
    A: Unfortunately, no.  This legal document form is not intended for non-attorneys or consumers for purchase and a licensed attorney should review all of the contents of this package to properly ensure its implementation for a client.
  • Q: Do you offer any kind of post-purchase support or assistance with this product?
    A: Yes.  The SMLLC Document Form Package was designed and assembled by attorney, Mason D. Salisbury.  He has made himself available to assist any attorneys requiring assistance with the implementation and questions that they may have with using the forms.
  • Q: How much do you think you can charge a client to prepare a Single Member LLC?
    A: This depends on your state and what additional “follow-up” services that you might include or offer with the preparation of the SMLLC document for your client, but most attorneys are charging clients anywhere between $400 to $800 to set up an SMLLC.
  • Q: Will you provide me any updates to this product?
    A: If there are any major updates to the forms, updates will be available for purchase for a nominal fee (prorated based on when you purchased the forms).