Legal Question in Business Law in Florida

I'm an event planner and would like to start my own business. I would like to do the following:

a) Open an LLC

b) Partner with host a host charity for each event that I plan

c) The charity would receive a portion of the proceeds from the event

d)I would receive the remaining proceeds

Is this legal and any special precautions I need to take to start this sort of business? Do you recommend an LLC?

Thank you.


Asked on 10/16/09, 6:51 pm

2 Answers from Attorneys

Sarah Grosse Sarah Grosse, Esquire

There is nothing fundamentally wrong with what you propose, but you cannot get into this type of business endeavor without having everything in writing -- written by lawyers. No one could recommend LLC vs. another business organization based upon what you have said.

Read more
Answered on 10/16/09, 11:39 pm
David Slater David P. Slater, Esq.

LLC provides limited liability. Your proceeds must be limited to qualify as a nonprofit charitable event.

Read more
Answered on 10/17/09, 12:04 pm


Related Questions & Answers

More Business Law questions and answers in Florida