How to Dissolve Your LLC The Right Way (Step By Step)

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YouTube Excerpt: In this video, Clint walks you through the steps most owners miss—starting with your operating agreement and formal dissolution resolutions, then filing Articles of Dissolution, closing bank accounts the right way, and filing the final tax return (plus canceling an EIN for disregarded entities). FREE TAX & ASSET PROTECTION WORKSHOP Register for an upcoming workshop today to protect your business and personal assets from snoopy lawyers. 👉 Save Your Seat: https://aba.link/jtk Shutting down an LLC the right way protects you long after you sell an asset. You’ll learn why relying on administrative dissolution can leave the company “alive” in a lawsuit and how to document distributions and debts to avoid piercing the veil. We also cover what happens if someone sues after you dissolve and how proper paperwork limits exposure. Would you like to learn more about protecting your assets? Schedule a free consultation here 👉 https://aba.link/kl9 Show Notes: 0:00 Why dissolve properly & risks 1:00 The problem with administrative dissolution 2:41 Step 1: Read your operating agreement & adopt a dissolution resolution 5:10 Step 2: File Articles of Dissolution with the state 5:21 Step 3: Close bank accounts, confirm no debts, distribute to members 7:19 Step 4: File final tax return; cancel EIN for disregarded entities 8:24 Outro --------------------------------------------------------------------------------------------------------- ~~~~ FINANCIAL PLANNING & RESOURCES Download your free copy of Un-Tax Yourself eBook and discover the secret to real estate wealth is in the tax deductions. https://aba.link/untaxebook 📚 Order Your Copy of "Next Level Real Estate Asset Protection: Comprehensive Strategies for Investors" Here: 👉 https://aba.link/nxtlvl For financial strategies, podcasts, articles, and details on upcoming workshops, visit https://aba.link/clintaba Here’s a little about me and my book Asset Protection for Real Estate Investors https://aba.link/clintbio ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin ~~~~ CONTACT US Phone: 800.706.4741 Email: info@andersonadvisors.com Fax: 702.664.0545 ABOUT CLINT COONS Clint Coons, Esq. has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth. --------------------------------------------------------------------------------------------------------- The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #dissolvellc #llc #shutdownllc

In this video, Clint walks you through the steps most owners miss—starting with your operating agreement and formal dissolution resolutions, then...

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