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Updated over 7 years ago on . Most recent reply

User Stats

130
Posts
29
Votes
Harry Williams
  • Atlanta, GA
29
Votes |
130
Posts

Adding a member to existing LLC in Georgia. Seek legal?

Harry Williams
  • Atlanta, GA
Posted

I am wishing to add a member to my existing single-member LLC in Georgia. Me and a local partner are teaming up to purchase, renovate, and sell homes (revolutionary!). We plan to split any profits or losses 50/50 — keep it black and white. This requires an Amendment to my current LLC. My question is: should I seek legal assistance or will drafting our own simple Articles of Organization/Operating Agreement suffice?

Thanks for any suggestions. 

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