During this webinar we will bring you up to speed on all the new intricacies with Limited Liability Companies (LLC).
Learn how to document and set up resolutions for complicated multi-tierred LLCs. You will study Series LLCs, Reverse 1031 Exchange accounts use of LLCs, and review the life cycle of the LLC. This detailed webinar will help you make the best account opening and paperwork decisions for the LLC.
The "Opening LLC Accounts" webinar has been approved for 2 CAMS credits. Credits are redeemable for Live attendance only. Users must connect to the webinar individually and enter their name and email for reporting purposes. Accreditation is valid for one year from the date of the event. To receive a certificate, email bankwebinars@oncourselearning.com.
What You Will Learn
- What is an LLC
- Understanding the different tax options of an LLC
- Members, Managers and signers
- Breaking down the operating agreements
- State specific documentation
- Adding members, managers and signers
- Taking off members, managers and signers
- Dissolving the LLC
- Selling the LLC
- Trust as a member of an LLC
- Reverse 1031 Exchange and use of LLC
- Single Member LLC –disregarding an entity
- Multi-member LLC with entities as members
- Low profit or L3Cs
- Series LLCs
Who Should Attend?
Deposit Compliance, Deposit Operations, BSA, Branch Managers, Loan Officers, Senior Management, Customer Service Representatives, Personal bankers, Training and anyone who opens accounts.