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Why You Should Hire Arizona LLC Lawyer Richard Keyt to Form Your Arizona LLC Instead of a Document Preparer You Don't Know from Adam

Rick has formed over 1,500+ Arizona LLCs

Sometimes people ask me why they should hire me to form their Arizona limited liability company instead of a document preparer, a para-legal or an internet website.  Hiring me is a no brainer when you compare my LLC formation services to that of my non-lawyer, nonlegal trained competition less experienced competition.

Primary Reason People Hire Rick Keyt to Form their LLC

The primary reason more than 1,500+ people have hired me to form their Arizona LLC is because I provide an excellent comprehensive LLC formation package.  My standard LLC formation service is the full package.  I do not give you less than what you need so I can charge you less just to get some of your money.  I don't offer several LLC formation packages at increasing prices.  When I form your Arizona LLC for $599, it will be completely formed and you will have everything you need to operate the LLC in compliance with Arizona LLC law.

Before you decide not to hire Rick Keyt to form your Arizona LLC, compare the list of the 16 services (found on our LLC Formation Services webpage) Rick provides for every LLC with what you will get from a document preparer, CPA or even an attorney.  Rick's 100 page LLC Quick Start Guide book covers over 75 topics and is the "operators manual" for newly formed Arizona limited liability companies.  Nobody else will give you as much important information about how to operate your LLC after it has been formed.  We are unaware of anybody in the United States whose LLC package is as detailed and comprehensive as ours.

Document Preparer Litmus Test:

Caution:  If a document preparer flunks this test, do you really want to do business with the person/firm/website?  The test is:  Does the document preparer accurately state the costs to form an Arizona LLC?  The Arizona Corporation Commission has two filing fees for new LLCs: (i) $50 basic fee, and (ii) $85 for expedited filing.  My cost to publish a Notice of Publication in a newspaper in Maricopa County is $27.  My total costs to form an Arizona limited liability company with expedited filing is $112.  Beware of document preparers who misrepresent the amount of the Arizona Corporation Commission filing fee or the amount to publish the Notice in a newspaper.

For some people, however, price is the prime consideration.  Although the $599 (including the $85 ACC expedited filing fee and newspaper publication) I charge is substantially lower what most Arizona attorneys charge, it may be $100 - $300 more than what a non-attorney document preparer charges.  If you do not want to pay an experienced attorney who carries malpractice insurance to form your LLC, I suggest you: (1) read my article called "How to Form an Arizona Limited Liability Company" for a complete explanation, (2) follow my instructions in the article, (3) fill out the ACC's two page fill-in the blanks Articles of Organization, (4) file the Articles with the ACC, and (5) save the money you might pay a document preparer for doing the same thing.

If you still want to waste your money with a document preparer, I recommend you review my credentials in the following table and ask your document preparer for his or her credentials and compare.  You should also test your document preparer's knowledge of Arizona LLCs by asking the preparer some of the questions found in my Document Preparer LLC Knowledge Test found below.

Comparison of

Education, Legal Knowledge & Qualifications

Document Preparer LLC Knowledge Test

Before you hire anybody to form your Arizona LLC and prepare its Operating Agreement, you should test his, her or its knowledge of Arizona LLC law, federal income tax law and U.S. bankruptcy law.  Richard Keyt can answer all of the following questions.  Can your document preparer do the same?

1. What are the four possible ways an LLC may be taxed under the Internal Revenue Code?

2. Can a multi-member LLC owned by a husband and wife be treated as a disregarded entity for federal income tax purposes?

3. What is the purpose of an IRS form 8832?

4. What is an IRS form 2553 and when must it be filed with the IRS?

5. Will your LLC need to file an IRS form 8832 and/or an IRS form 2553?

6. What is the significance of the Gregory Leo Ehmann U.S. Bankruptcy Court (Arizona) case and what can be done to avoid its result?  All of my Operating Agreements contain provisions intended to avoid the Ehmann problem.

7. How does Arizona community property law affect ownership of an Arizona LLC?

8. How will the members document the way they hold title to their membership interests?  Members of an Arizona LLC hold title one of the following ways: (i) community property, (ii) community property with right of survivorship, (iii) separate property, (iv) tenants in common and (v) joint tenancy.  The way a member holds title to the member's interest in the company determines if a probate will be needed if the member dies, whether a spouse has an interest in the LLC, and if the survivor of a deceased member gets a full stepped up basis (for income tax purposes) on the death of the member.

9. How does one spouse acquire ownership of an Arizona LLC as separate property?

10. How does a married couple acquire ownership of an Arizona LLC as community property with right of survivorship so that if one spouse dies the survivor automatically acquires the interest of the deceased without going through probate?

11. Do both spouses need to sign the Operating Agreement? 

12. What is the legal significance if the spouse of a married member does not sign the Operating Agreement?

13. What is the legal significance of only one spouse signing the Operating Agreement?

14. Given that an LLC can be taxed one of four ways, will your document preparer draft your Operating Agreement to correspond to how your LLC will be taxed?  Hint:  If your document preparer does not ask you how your LLC will be taxed, how can he or she draft an Operating Agreement that complies with your LLC's method of taxation?

15. Does Arizona law require the members or managers of an Arizona LLC to hold annual meetings and document the meetings with minutes?

16. Must the Operating Agreement provide that the members will maintain capital accounts as required by Subchapter K of the Internal Revenue Code?

17. What is a deficit capital account and how is it created?

18. Does the Operating Agreement require members to restore a deficit capital account?  Should it?

19. What is a guaranteed payment and does your LLC have any guaranteed payments?  Hint:  This is not when one member guarantees payment of the LLC's debts.

20. Does your LLC make any special allocations of profits or losses?  If so, does the Operating Agreement contain the appropriate provisions for the special allocations of profits or losses?

21. What is the relationship between Internal Revenue Code Section 704(b) and substantial economic effect? 

22. What is required for the allocations of profits, losses and distributions to have substantial economic effect?

23. What is the significance of the Ashley Albright U.S. Bankruptcy Court (Colorado) case and what can be done to avoid its result?

Anybody who forms Arizona limited liability companies should know the answers to all of the above questions.  If you take the time to ask a document preparer and many Arizona lawyers to answer the above questions, you will find that most people who form Arizona LLCs have a superficial knowledge of Arizona LLCs and are merely generating fill in the blank forms.

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Compare Richard Keyt's complete LLC package for $599 with what you get and what you will pay else where.

Call 602-906-4953, ext. 1 NOW if you want an LLC to: (1) prevent creditors of your business or investment real estate from taking your personal assets, and (2) asset protect your personal assets from debts, liabilities and lawsuits.

If You Do Not Hire KEYTLaw to Form Your AZ LLC, Give Yourself Peace of Mind and Purchase Our Quick Start Guide - Only Available from KEYTLaw.com

What you don't know about operating your Arizona LLC could cost you thousands of dollars or possibly risk a court "piercing the veil" and holding the members of the LLC liable for its debts.  Arizona business attorney Richard Keyt's in depth, Arizona specific 100+ page Arizona LLC Quick Start Guide is the Holy Grail about operating Arizona LLCs.  Merriam-Webster's dictionary defines "Holy Grail" as "an object that is sought after for its great significance," a term that aptly describes the AZ LLC Quick Start Guide. 

How to Purchase the QSG

This owner's manual for operating an Arizona LLC explains 75+ critical topics that affect Arizona LLCs.  See the five page Table of Contents and you will be amazed that so many important topics are explained in one convenient source.  Click here to purchase the Quick Start Guide now from our internet store for the incredibly low price of $99.  Ignorance of Arizona LLC law and how to operate your Arizona LLC could be very costly.

To order attorney prepared change of member documents for your AZ LLC, click on the Transfer of LLC Interest Agreement link

This page was last modified on April 10, 2008.

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