Bylaws Amendments

The drafting of amendments to the bylaws of an organization. Please note that this service is intended for a few changes to the bylaws and not for the bylaws to be completely re-written. If the bylaws need to be re-written, the fees for drafting new bylaws shall apply.

Our fees are all-inclusive and include the filing fees charged by the state. What you see as the all-inclusive price is what you pay!

$325.00

The drafting of amendments to the bylaws of an organization. Please note that this service is intended for a few changes to the bylaws and not for the bylaws to be completely re-written. If the bylaws need to be re-written, the fees for drafting new bylaws shall apply.

Frequently Asked Questions

Do I Need a Lawyer to Form an LLC or Corporation?
No. The process of forming an entity is straightforward and can be done on the Secretary of State’s website. That being said, the value of an attorney when you are forming an entity does not come from filing the forms, but rather the other services provided. First, it is important that you select the right entity (or entities) for your business model. Although an LLC is right for most people, its not right for everyone. You might be better suited with a Series LLC or in some instances a corporation. You might also simply need more than one entity to ensure you are protected. Meeting with an attorney helps to make sure you consider the right entity for your business. We offer entity planning sessions to our clients, which involves a multi-step process where we evaluate your individual goals, assets, and business model to determine the right structure collectively. If this is the first entity we have formed on your behalf, or if your business or asset structure has changed, we would recommend adding on this service to your order.

The next value provided by the attorney is drafting an operating agreement or bylaws. If there is only one owner of the business, this is not that important, and you can just use a form, such as this one on our website. If there are multiple owners; however, it is important to draft a detailed operating agreement as it sets forth what each owner can do, what approvals are required, etc. The drafting of this operating agreement is included in our entity formation services.

Finally, forming an entity is only half the battle. The other half is making sure that you understand what you need to do to not invalidate the protections of the entity. If you utilize our firm for entity formation, we will go over these steps with you during a phone call or video conference so that you can have confidence that you are doing what you need to do to protect your assets.

What is the Difference Between Bylaws and Operating Agreements?
Both bylaws and operating agreements are the documents that set forth the rules for an organization. Bylaws are drafted when the entity is a corporation or non-profit entity, such as a homeowner or property owners? association. Operating agreements are used when the entity is an limited liability company (LLC).
Can I Just Pull a Form Off of the Internet?
Is there only one owner? If so, then absolutely you can use a form as that owner will be making all the decisions and receiving all the income. In fact, we offer a form on our website that you can purchase for your entity.

If there is more than one owner, then I would ask if you would play a sport without a rule book. The operating agreement (LLC) or bylaws (corporation) are the rules for the business. These rules when a person can spend or withdraw the company’s money or what is required before binding the company to a contract. They also help to determine when an owner can leave and what is owed to that person (if anything). It is important that the rules of the entity are clear to help protect all of the owners.

What if My Spouse and I Are the Only Owners?
You still need an operating agreement (LLC) or bylaws (corporation). If you are asking this question, I am sure you have a very strong marriage and everything is going well. That being said, these rule books are for what happens if things change. We never know where life goes or what things may happen. Moreover, without carefully drafted bylaws or operating agreements, the interests of one spouse may be sold or possibly even obtained by a creditor. In this instance, your co-owner is no longer your spouse and may be someone else entirely.

Finally, please note that having a well drafted operating agreement or bylaws may help to keep the marriage going strong. By having rules that are established up front, there is less room for disputes down the road. As a result, planning for the ?what ifs? may help you avoid those undesirable circumstances entirely.