Why "Off-the-Shelf" LLC Agreements Can Lead to Costly Tax Surprises

09.15.25

It's a common scenario. A client or non-tax attorney says: "We've put together a new LLC/partnership agreement. It should be fine because we've used this same agreement on all of our deals. We just changed the distributions a little." That sounds simple enough. But in practice, this approach almost always creates tax issues—sometimes obvious, sometimes... Continue Reading

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