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LLC vs. Other Business Structures: Which One Should You Choose?

Choosing the right business structure impacts your liability, taxes, and growth. LLCs offer a great balance of protection and flexibility for most Arizona businesses. Understanding how LLCs compare to sole proprietorships, partnerships, and corporations helps you make the best choice. KEYTLaw is here to guide you every step of the way!

Key Takeaways

  • LLCs provide personal liability protection with flexible tax and management options, making them ideal for most Arizona small businesses.
  • Sole proprietorships and partnerships offer simplicity but come with higher personal risk.
  • Corporations suit businesses aiming for significant growth or investment but involve more complexity and formalities.

Starting a business is exciting, but one of the biggest decisions you’ll face right out of the gate is choosing your business structure. This choice affects how you pay taxes, your personal liability, management rules, and even your ability to raise capital.

In Arizona, many entrepreneurs weigh the benefits of a Limited Liability Company (LLC) against other common structures like sole proprietorships, partnerships, and corporations. At KEYTLaw, we focus on helping Arizona business owners navigate this crucial choice with clear legal advice tailored to your goals.

Let’s break down the pros and cons of LLCs compared to other business forms so you can pick the right structure for your business.

LLC vs. Other Business Structures

What Is an LLC?

A Limited Liability Company, or LLC, blends the liability protection of a corporation with the tax flexibility and management ease of a partnership or sole proprietorship. It protects your personal assets from business debts and lawsuits, while letting profits pass through to your personal tax return—unless you opt for corporate taxation.

LLCs have become the go-to structure for many Arizona small and mid-sized businesses because they strike a

Protect Your Loved Ones and Assets With Comprehensive Estate Planning

Planning for the future is one of the most responsible and important things you can do. At KEYTLaw, we offer a wide array of estate planning tools designed to help protect your assets, provide for your loved ones, and avoid unnecessary complications in the future. Whether it’s transferring vehicle titles, setting up pet trusts, or ensuring that your estate is fully protected from creditors and lawsuits, we have the tools to help you plan for the unexpected.

Transfer Vehicle Titles Easily With Arizona’s Beneficiary Car Title Form

When it comes to planning your estate, one of the simplest but most crucial steps is ensuring your vehicle is passed on to the right person. Arizona residents can use the Arizona Beneficiary Car Title form to specify who will inherit their car in the event of their death. This form makes it easier to transfer vehicle ownership to the designated beneficiary, ensuring the right person receives the title without having to go through probate.

The process is straightforward. If the vehicle is solely owned by the decedent, the car title can be transferred directly to the beneficiary using this form. For vehicles with joint ownership, the process may be different, and it’s important to speak with an estate planning attorney to ensure the transfer is done properly. This small step helps avoid complications down the road, ensuring that your wishes are clearly communicated and followed.

Lifetime Beneficiary-Controlled Asset-Protected Trusts

Asset protection is one of the most important elements of estate planning, especially if you want to ensure that your beneficiaries are shielded from creditors, lawsuits, or even ex-spouses. A lifetime beneficiary-controlled asset-protected trust is one tool that allows you to leave assets to

The Missing Will Mystery: How Zappos CEO’s Estate Chaos Could Have Been Avoided

The Missing Will Mystery: How Zappos CEO’s Estate Chaos Could Have Been Avoided

Imagine this: You've built a business empire worth hundreds of millions of dollars, transformed a city's downtown area, and touched countless lives with your vision and generosity. Then, unexpectedly, you pass away—and nearly five years later, a will you may have created suddenly appears. Meanwhile, your family has been battling creditors, former associates, and mounting legal fees in a probate nightmare that has cost millions and years to manage.
This isn't the plot of a legal thriller—it's the real-life saga of Tony Hsieh, the former Zappos CEO who died in November 2020 at age 46. After years of his estate being managed under the assumption he died without a will, a document dated March 2015 mysteriously surfaced in February 2025. This surprising twist could completely upend the years of legal proceedings that have already occurred. The story serves as a powerful reminder of why proper estate planning, with regular reviews and updates, is critical no matter your age or wealth status.

Let's explore what went wrong and how a Life & Legacy Plan could have prevented such chaos.

The Perils of Traditional Estate Planning

Even if the recently discovered will is deemed valid, it raises more questions than answers. According to recent news reports the will was found among the belongings of Pir Muhammad, a man suffering from Alzheimer's disease who recently passed away. Some reviewing attorneys have described the document as having “convoluted” language and an unusual structure, though we can't know the full circumstances of its creation.

The will reportedly includes a no-contest clause directed at Hsieh's family members, meaning

Comprehensive Estate Planning for Your Future

Planning for the future can feel like a daunting task, but it’s essential to ensure that your assets and loved ones are well taken care of when the time comes. At KEYTLaw in Scottsdale, AZ, we provide a range of estate planning tools to help you secure your legacy. From ensuring smooth vehicle title transfers to setting up pet trusts and creating asset protection plans for your beneficiaries, we make sure your wishes are honored, no matter what life throws your way.

Vehicle Title Transfers Made Simple

One of the essential parts of an estate plan is ensuring that your assets are properly managed and transferred. For Arizona residents, vehicle titles can be easily transferred to a beneficiary with the Arizona Beneficiary Car Title form. This form ensures that your car goes to the right person after you pass away. It’s a simple, yet important step for those who own a vehicle solely in their name.

However, it’s important to note that this form does not apply to vehicles with multiple owners. If you own a vehicle jointly with someone else, it may be more complicated to transfer ownership upon your passing. KEYTLaw can provide you with the correct forms and guidance to ensure a smooth transfer of your car’s title and avoid unnecessary complications.

By completing and submitting the Arizona Beneficiary Car Title form, you can designate a person who will inherit your car. Keep this document in your records, and make sure to inform the beneficiary of their role, as they will need it to prove ownership.

Protecting Your Beneficiaries with

Flying Into History: My Journey From Drafted College Student to F-4 Phantom Pilot

In 1970, as a college senior, I knew my future was set—just not in the way I expected. The Vietnam War was at its peak, and I had a low draft number, meaning I was certain to be called up for service. Instead of waiting to be sent into combat with a rifle, I took control of my fate. I joined the Air Force, beginning a journey that would take me from officer training school to flying supersonic fighter jets in combat zones across the world.

The Path to Becoming a Fighter Pilot

My Air Force journey started with Officer Training School, where I spent three months learning the basics of military leadership. From there, I went to flight school and eventually to Luke Air Force Base in Arizona for F-4 Phantom training.

The F-4 Phantom was no ordinary aircraft. A supersonic fighter-bomber, it required rigorous training before pilots were ready to take it into combat. At Luke, we went through the Replacement Training Unit (RTU), where we learned in the classroom, spent hours in the flight simulator, and eventually took to the skies. We trained in dive bombing, aerial dogfighting, and intercepting enemy aircraft—skills that would prove vital in real-world missions.

Mastering Air Combat and High-Stakes Missions

Once F-4 training was complete, the next challenge was survival training. Before deploying to Southeast Asia, I attended Basic Survival School in Spokane, Washington, where I spent a week in the mountains learning how to find food and stay alive in the wild. Then came Jungle Survival School, where we spent time in the classroom before being dropped into the jungle to fend for ourselves.

Water survival training was next. At Homestead