LLC Member Change Questionnaire DocuSign Digital Signatures Warning: Your Company Must File a FinCEN Beneficial Owner Information Report with the U.S. Treasury to Avoid a $500/Day Late Report Fine(Required)
Amendment to the Company's Articles of Organization Is the Company Member Managed or Manager Managed?(Required) The company's Articles of Organization filed with the Arizona Corporation Commission states that the company is member managed or manager managed. To see your company's Articles of Organization go to the
Arizona Corporation Commission's search page and search for your company. When you are on your company's page click on the Document History icon at the bottom of the page then click on Articles of Organization to see your company's Articles of Organization that states if it is member managed or manager managed.
I Want to Hire KEYTLaw to Prepare Articles of Amendment to the Articles of Organization for $195 plus the $60 Filing Fee to be Paid to the Arizona Corporation Commission Will Any New Member Own 20% or More of the Company or Will a Current Member who Owned Less than 20% Now Own 20% or More?(Required) Will Any Current Member that Owns 20% or More of the Company Cease to be a Member or Will Any Current Member's Interest Go Below 20%?(Required) Do You Want to Add One or More New Managers?(Required) Do You Want to Remove One or More Current Managers?(Required) I Want to Hire KEYTLaw to Prepare an Amendment to the Articles of Organization for $195 plus the $60 Filing Fee Paid to the Arizona Corporation Commission Your Company Does Not Need to File an Amendment to Its Articles of Organization
Assignment of Membership Interest Agreement Assignment of Membership Interest Agreement How Many People, Entities & Trusts Will Acquire New Membership Interests?(Required) Example 1 : Homer is the sole member who transfers 10% each to Ned, a single man, and Bob and Mary, a married couple owning as community property. The answer to this question is 2. Bob and Mary are considered one party because they will own their interest as community property.
Example 2 : Homer is transferring membership interests to three single men. The answer to this question is 3.
You Need One AMIA and our fee is(Required) You Need Two AMIAs and our fee is(Required) You Need Three AMIAs and our fee is(Required) You Need Four AMIAs and our fee is(Required) You Need Five AMIAs and our fee is(Required) You Need Six AMIAs and our fee is(Required)
Operating Agreement Why Your Company Needs an Updated Operating Agreement Which Statement Applies to Your Company After the Member Change?(Required) Do You Want Us to Prepare an Operating Agreement for $247?(Required) You will get a $50 discount off our normal fee of $297 for a single member LLC Operating Agreement if you buy our Operating Agreement with the member change documents.
Do You Want Us to Prepare an Operating Agreement for $497?(Required) You will get a $300 discount off our normal fee of $797 for a multi-member LLC Operating Agreement if you buy our Operating Agreement with the member change documents.
LLC's Principal Address(Required)
The address does not have to be in Arizona.
Statutory Agent(Required) Who will be the company's statutory agent? Should KEYTLaw, LLC, be the LLC's statutory agent? We charge $99/year for this service.
Statutory Agent's Address(Required)
Legal Names of All Members before the Change(Required) List the legal name and percentage ownership of every member of the LLC BEFORE the effective date. Be sure to indicate if a person is single or married and if married, the name of the spouse and if they married couple own the membership interest as community property or the separate property of one spouse.
Note : Click on the + symbol at the end of a row to add another row for another member.
Legal Names of All Members after the Change(Required) List the legal name and percentage ownership of every member of the LLC AFTER the effective date. Be sure to indicate if a person is single or married and if married, the name of the spouse and if they married couple own the membership interest as community property or the separate property of one spouse.
Note : Click on the + symbol at the end of a row to add another row for another member.
Will Any Party Pay Money to Another Party in Exchange for Transferring a Membership Interest?(Required) Will any member or the company pay money as a result of the change of members or membershp percentage?
Consideration for Acquiring Membership Interest
If any money is to change hands because of the change of members or percentage ownership, state the names of the payors and the payees below. Indicate the total amount to be paid and the due date of the payment. If payments are to be made, indicate the amount and due date of each payment.
How Many Owners/Members Will the LLC Have After the Change?(Required) How many members (owners) will the LLC have after adding or removing a member? Do not count a former who will not continue to be a member.
A husband and wife that will own their interest in the company as community property or as joint tenants with right of survivorship are deemed to be one member, not two members.
If a husband and wife will each own an interest in the LLC as separate property they are two members.
If a married person will own his or her interest in the LLC as separate property and the other spouse will not have any ownership of the LLC the owner spouse is one member, not two.
Capital Contributions Will any owner be required to pay money to the LLC? Arizona LLC law provides that no member of an Arizona LLC is obligated to pay money to the LLC unless the member signs a document that states the amount and due date of the payment. If you select Yes then this Questionnaire will ask how much money must each member contribute and when will the money be due. If multiple payments will be required, enter the addtional payment information in the Additional Information field at the end of this Questionnaire.
Information about 1st Member 1st Member is a:(Required) 1st Member's Marital Status(Required) How will 1st Member Own His/Her Membership in the LLC?(Required) If the spouses own as community property then if one spouse dies the other spouse automatically becomes the sole owner of the membership interest without the need for a probate and there may be an income tax advantage. Community property ownership means that if the spouses divorce each spouse is entitled to one half the value of their joint ownership interest in the LLC.
Arizona law provides that if a spouse who is an Arizona resident acquires property during marriage the property is automatically community property unless the property was acquired as a gift or from an inheritance unless the non-owner spouse signs a disclaimer. When a spouse owns the LLC as separate property and the spouse dies, the interest does not pass automatically to the deceased spouse's heirs and an expensive and time consuming probate will be necessary to transfer the interest to the heirs.
If this spouse is to own his/her interest as separate property we will prepare a Disclaimer that the owner spouse must get the non-owner spouse to sign.
Member's Address Same as LLC's Address?(Required) Is the address of this member the same as the LLC's place of business address in Arizona that you entered on the previous page?
1st Member's Address(Required)
The Articles of Organization that becomes a public record must include the address of each member. The address does not have to be within Arizona and can be a home or business address or a PO box or commericial mail box like the UPS store.
1st Member's Email Address(Required) 1st Member's Spouse's Email Address(Required) Is the 1st Member Required to Contribute Money to the LLC? Arizona law does not require a member of an LLC to contribute money to the company. However, if you want a member to contribute money to the company the member must sign a document that creates the legal obligation to pay money to the LLC.
If you want to create a legal obligation for this member to pay money to the LLC select the Yes button and answer the contribution questions that follow. We will then include language in the Operating Agreement that requires this member to make the capital contribution(s).
Note : If this member is to be obligated to make more than one payment include the future payment amounts and due dates in the Additional Information field at the end of this Questionnaire.
Information about the 2nd Member 2nd Member is a: 2nd Member's Marital Status(Required) How will 2nd Member Own His/Her Membership in the LLC?(Required) If the spouses own as community property then if one spouse dies the other spouse automatically becomes the sole owner of the membership interest without the need for a probate and there may be an income tax advantage. Community property ownership means that if the spouses divorce each spouse is entitled to one half the value of their joint ownership interest in the LLC.
Arizona law provides that if a spouse who is an Arizona resident acquires property during marriage the property is automatically community property unless the property was acquired as a gift or from an inheritance unless the non-owner spouse signs a disclaimer. When a spouse owns the LLC as separate property and the spouse dies, the interest does not pass automatically to the deceased spouse's heirs and an expensive and time consuming probate will be necessary to transfer the interest to the heirs.
If this spouse is to own his/her interest as separate property we will prepare a Disclaimer that the owner spouse must get the non-owner spouse to sign.
2nd Member's Address
The Articles of Organization that becomes a public record must include the address of each member. The address does not have to be within Arizona and can be a home or business address or a PO box or commericial mail box like the UPS store.
2nd Member's Email Address 2nd Member's Spouse's Email Address(Required) Is the 2nd Member Required to Contribute Money to the LLC? Arizona law does not require a member of an LLC to contribute money to the company. However, if you want a member to contribute money to the company the member must sign a document that creates the legal obligation to pay money to the LLC.
If you want to create a legal obligation for this member to pay money to the LLC select the Yes button and answer the contribution questions that follow. We will then include language in the Operating Agreement that requires this member to make the capital contribution(s).
Note : If this member is to be obligated to make more than one payment include the future payment amounts and due dates in the Additional Information field at the end of this Questionnaire.
Information about the 3rd Member 3rd Member is a: 3rd Member's Marital Status(Required) How will 3rd Member Own His/Her Membership in the LLC? If the spouses own as community property then if one spouse dies the other spouse automatically becomes the sole owner of the membership interest without the need for a probate and there may be an income tax advantage. Community property ownership means that if the spouses divorce each spouse is entitled to one half the value of their joint ownership interest in the LLC.
Arizona law provides that if a spouse who is an Arizona resident acquires property during marriage the property is automatically community property unless the property was acquired as a gift or from an inheritance unless the non-owner spouse signs a disclaimer. When a spouse owns the LLC as separate property and the spouse dies, the interest does not pass automatically to the deceased spouse's heirs and an expensive and time consuming probate will be necessary to transfer the interest to the heirs.
If this spouse is to own his/her interest as separate property we will prepare a Disclaimer that the owner spouse must get the non-owner spouse to sign.
3rd Member's Address
The Articles of Organization that becomes a public record must include the address of each member. The address does not have to be within Arizona and can be a home or business address or a PO box or commericial mail box like the UPS store.
3rd Member's Email Address 3rd Member's Spouse's Email Address(Required) Is the 3rd Member Required to Contribute Money to the LLC? Arizona law does not require a member of an LLC to contribute money to the company. However, if you want a member to contribute money to the company the member must sign a document that creates the legal obligation to pay money to the LLC.
If you want to create a legal obligation for this member to pay money to the LLC select the Yes button and answer the contribution questions that follow. We will then include language in the Operating Agreement that requires this member to make the capital contribution(s).
Note : If this member is to be obligated to make more than one payment include the future payment amounts and due dates in the Additional Information field at the end of this Questionnaire.
Information about the 4th Member 4th Member is a: 4th Member's Marital Status(Required) How will 4th Member Own His/Her Membership in the LLC? If the spouses own as community property then if one spouse dies the other spouse automatically becomes the sole owner of the membership interest without the need for a probate and there may be an income tax advantage. Community property ownership means that if the spouses divorce each spouse is entitled to one half the value of their joint ownership interest in the LLC.
Arizona law provides that if a spouse who is an Arizona resident acquires property during marriage the property is automatically community property unless the property was acquired as a gift or from an inheritance unless the non-owner spouse signs a disclaimer. When a spouse owns the LLC as separate property and the spouse dies, the interest does not pass automatically to the deceased spouse's heirs and an expensive and time consuming probate will be necessary to transfer the interest to the heirs.
If this spouse is to own his/her interest as separate property we will prepare a Disclaimer that the owner spouse must get the non-owner spouse to sign.
4th Member's Address
The Articles of Organization that becomes a public record must include the address of each member. The address does not have to be within Arizona and can be a home or business address or a PO box or commericial mail box like the UPS store.
4th Member's Email Address 4th Member's Spouse's Email Address(Required) Is the 4th Member Required to Contribute Money to the LLC? Arizona law does not require a member of an LLC to contribute money to the company. However, if you want a member to contribute money to the company the member must sign a document that creates the legal obligation to pay money to the LLC.
If you want to create a legal obligation for this member to pay money to the LLC select the Yes button and answer the contribution questions that follow. We will then include language in the Operating Agreement that requires this member to make the capital contribution(s).
Note : If this member is to be obligated to make more than one payment include the future payment amounts and due dates in the Additional Information field at the end of this Questionnaire.
Do You Want to Amend to Articles of Organization to Change to a Member Managed Company? Do You Want to Amend to Articles of Organization to Change to a Manager Managed Company? Name & Address of All Managers Enter the legal name of every manager and the manager's address. The address can be a home or business address or a PO box or UPS mailbox in or outside Arizona. Warning : If the manager is an entity formed outside Arizona it cannot have an Arizona address unless it is registered with the Arizona Corporation Commission to do business in Arizona.
Note : Click on the + symbol at the end of a row to add another row for another member.
Contact's Email Who Does KEYTLaw, LLC, Represent Who is KEYTLaw's client? We cannot represent more than one member. Most of the time we represent the LLC. We will represent only the LLC or the member you designate in the next question if you checked the One of the members box. We advise every party other than the party we represent to obtain separate legal counsel.
Any Additional Information We Should Know? Wills, Trusts & Estate Planning(Required) Additional Information
In the field above type any additional information you want Richard Keyt to know about the members, managers or the LLC.
If the LLC will have more than four members enter the following information here for each member: name of member, percentage ownership, single or married person (spouse's name if married), entity type and state of formation and who signs for the entity and his or her title, address and phone number.
If any member(s) is/are required to make more than one payment of money to the LLC insert the name(s) of the member(s), amount(s) of the contribution(s) and due date(s) of each additional contribution.
Authorizing a KEYTLaw Employee to Sign Articles of Amendment(Required) The person submitting this Questionnaire whose email address is below is an authorized agent of the company referred to above and authorizes any of the following KEYTLaw, LLC, employees to sign Articles of Amendment to the Articles of Organization of the company as the authorized agent of the company: Richard Keyt or Richard C. Keyt.
Who Should We Email this Questionnaire To for His or Her Review?(Required) When you click on the Submit button at the end of this questionnaire we will send an email message to the address you insert here that contains all of the information you enter in this questionnaire. Please review it for accuracy. If you don't find the message in your in box check your spam folder.
Summary of Services You Are Purchasing How to Pay for Your Services(Required) 