Legal Question in Business Law in Illinois

Sole proprietorship to an LLC

I am a sole proprietorship converting to an LLC I will be taking on a partner. What does he have to do to become my partner as far as financial or service contributions? How do I figure out how much he needs to contribute?


Asked on 1/17/09, 11:17 am

1 Answer from Attorneys

Re: Sole proprietorship to an LLC

It is one thing to ask a general question as you did previously in this forum; it is another thing to be seeking a consultation. You need to hire an attorney as you are seeking to go way beyond what this forum provides. Good luck.

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Answered on 1/17/09, 11:47 am


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