Did you use a lawyer to set up your LLC?

[Tyler Lingle]

Hey guys, 

I personally set up my partner and I's LLC online in about 30 minutes, without the use of a lawyer. However, I'm not sure how robust our operating agreement is.

My question is, do you recommend using a lawyer to set up the operating agreement? Any other ways - legal zoom, etc? 

Curious to hear people's advice here. 

[Luciano A.]

@Tyler Lingle

Many people believe that starting an LLC by using the one-page form from their state or ordering online is all they need to do. If you've ever been sued, however—and most of us have at some point in our lives —there are ways for attorneys to break the corporate veil if your business structure isn't complete enough. You will need to schedule annual meetings, prepare minutes and maintain good records.

If you and your partner are excited to start a business, this would be the best time to discuss with an experienced attorney who can point out things you all never considered or discussed. Good times make us optimistic. But when disputes arise it's another story entirely. Investing $100,000+ in an asset is a big deal. Spending $500 to discuss your partnership with a local attorney will help you avoid costly mistakes down the road.

Best of Luck