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What is the difference between an At-Will LLC and Perpetual-Existence LLC?

In most states, an LLC can either be a term company or an at-will company. A term company has a specified number of years designated for its “term,” or lifespan. For example, a term LLC can state in its articles that the term (lifespan) is to be “25 years from the date of filing of the Articles of Organization,” or the Articles can designate a specific future date, such as January 8, 2050. A term company that continues to do business past its term will become an at-will company.

Since most people do not have a reason their company must terminate at a specific time, IncorporateMyself.net will file your Articles of Organization as a Perpetual LLC.



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