How to sign your documents for your business entity
In this episode of Coffee with Carl, attorney Carl Zoellner guides you through the process of signing your documents.
Welcome to this episode of Coffee with Carl. I am your host Carl Zoellner, one of the attorneys here with Anderson Business Advisors.
Today, I will address this question:
“Once I have my business entity, how do I sign my documents?”
There’s a lot of confusion around this. I think the confusion revolves around this:
“Okay, so if I’m in my LLC, am I signing this document as a member? Am I signing it as a manager? If it’s in my corporation, am I signing as a director or an officer or a shareholder?”
We wear a lot of different hats when we create a business entity. A good rule of thumb usually is: when dealing with outside third parties, you’re signing either in your management capacity as a manager of your LLC or as an officer of your corporation.
Now some of the complications that some folks have are how do they do their signature block?
When Anderson Advisors creates a business entity for you, there are signature blocks for people to sign at the bottom of the bylaws. I always tell my clients to use that as sort of a cheat sheet.
If you’re having trouble figuring out what your title blocks should be for any given entity, go to the signature block at the end of the governing documents for that entity. Usually, there’s a nice little cheat sheet there for what the signature blocks should look like.
I know that the question has come up a lot, so I wanted to make sure we addressed it.
As always, take advantage of our free educational content and every other Tuesday we have Toby’s Tax Tuesday, another great educational series. Our Structure Implementation Series answers your questions about how to structure your business entities to protect you and your assets. One of my favorites as well is our Infinity Investing Workshop.
- Join our next Tax & Asset Protection event to learn more advanced tax minimization & entity structuring strategies
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