Insights, Software & Reviews

LegalZoom LLC Service – Reviews, Benefits & Fees

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Looking to start your own business and need some legal help? LegalZoom LLC Service may be the perfect solution for you!

In this guide, we will discuss the benefits of using their service, as well as the fees associated with it. We'll also provide some reviews from real customers who have used their services.

Hopefully, by the end of this guide, you will have a better understanding of whether or not LegalZoom is the right choice for you!

What is a LegalZoom LLC Service?

A LegalZoom LLC Service is a legal entity that provides limited liability protection to its owners. It is a popular choice for small businesses because it is easy to set up and maintain. The biggest benefit of an LLC is that it protects your personal assets from being seized in the event that your business is sued.

How Does a LegalZoom LLC Service Work?

A LegalZoom LLC Service works by having a professional company, like LegalZoom, act as your "Registered Agent". This means that they will be the ones to receive and process any legal documents on your behalf. In return, you pay them an annual fee.

What Are The Key Features of a LegalZoom LLC Service?

One of the key features of LegalZoom's LLC service is that it offers a great deal of flexibility. You can choose the state in which you want to set up your LLC, and you can also choose the management structure that best suits your needs. You can opt for a traditional management structure, or you can choose a more flexible option such as a member-managed LLC.

Another key feature of LegalZoom's LLC service is that it offers a high degree of asset protection. If you set up your LLC in the right way, your personal assets will be protected from creditors and lawsuits. This means that if your LLC ever gets sued, your house, car, and bank account will be safe.

The final key feature of LegalZoom's LLC service is that it is very affordable. Compared to hiring a lawyer to set up your LLC, LegalZoom's service is a fraction of the cost. Plus, you can get started with as little as $100.

What Commissions and Fees Does a LegalZoom LLC Service Come With?

While there are some benefits to using a LegalZoom LLC service, it's important to be aware of the potential fees and commissions that may come with it. Here's a breakdown of the most common fees:

Filing fee

This is the fee charged by the state in which you're forming your LLC. It can range from $50 to $500, depending on the state.

Service fee

This is the fee charged by LegalZoom for handling the paperwork and filing the necessary documents with the state. It ranges from $149 to $399, depending on the package you choose.

Registered agent fee

This is the annual fee charged by the registered agent for handling your LLC's legal and tax documents. It typically ranges from $100 to $300 per year.

What Are The Advantages of a LegalZoom LLC Service?

There are many advantages of using a LegalZoom LLC service. Perhaps the most obvious advantage is that it can save you a lot of money on legal fees. If you are starting a small business, for example, the last thing you want to do is spend thousands of dollars on legal fees.

Another advantage of using a LegalZoom LLC service is that it can help you avoid many of the hassles and headaches associated with starting a business. Forming an LLC can be a complicated and time-consuming process, but LegalZoom makes it easy.

Finally, a LegalZoom LLC service can give you peace of mind. Knowing that your business is properly formed and that you have taken all the necessary steps to protect your assets can give you a great deal of comfort.

What Are The Disadvantages of a LegalZoom LLC Service?

If you're looking for a quick and easy way to form an LLC, LegalZoom is a great option. However, there are a few disadvantages to using their service.

First, it's important to note that LegalZoom is not a law firm and cannot give legal advice. This means that if you have any questions about your LLC or the formation process, you'll need to consult with an attorney.

Second, there is a bit of a learning curve when it comes to using LegalZoom. The website can be confusing and overwhelming, especially if you're not familiar with the legal jargon.

Lastly, LegalZoom is more expensive than hiring an attorney or forming an LLC on your own. While their prices are reasonable, they do add up if you're formation multiple LLCs or need to use their service on a regular basis.

What Are Some Alternatives to a LegalZoom LLC Service?

If you're not interested in a LegalZoom LLC Service, there are plenty of other options out there. You could hire a lawyer to handle the formation of your LLC for you, or you could use an online service like Incfile or Nolo.

Both of these services have their pros and cons, so it's important to do your research before deciding which one is right for you.

In general, hiring a lawyer will be more expensive than using an online service, but it can also give you peace of mind knowing that everything is being handled by a professional.

On the other hand, using an online service can be much cheaper and easier, since you won't have to deal with meeting with a lawyer and scheduling appointments.

Ultimately, the decision of whether or not to use a LegalZoom LLC Service is up to you. If you're still not sure, it might be a good idea to speak with a lawyer or an accountant to get some more advice.

How Do You Open a LegalZoom LLC Service?

You can open a LegalZoom LLC service by going to their website and filling out some basic information. After that, you'll need to pay the filing fee and submit your articles of incorporation. Once your LLC is approved, you'll be able to start operating your business.

What is The Minimum Amount Required to Open a LegalZoom LLC Service?

To open a LegalZoom LLC service, the minimum amount required is $0.01. This is because the LegalZoom LLC service is an online legal document preparation service that helps you to create your own limited liability company (LLC).

What Are The Eligibility Requirements for a LegalZoom LLC Service?

To be eligible for a LegalZoom LLC service, you must:

  • Be at least 18 years old and a resident of the United States
  • Have a valid Social Security number or Individual Taxpayer Identification Number
  • Have a physical address in the United States (P.O. Boxes are not accepted)
  • Be able to read and understand the LegalZoom LLC service agreement
  • Have a credit or debit card to pay the $99 filing fee

Why Do People Use a LegalZoom LLC Service?

There are many reasons people might choose to use a LegalZoom LLC service. Perhaps they want to save money on legal fees, or they want to have more control over the legal process. Whatever the reason, a LegalZoom LLC service can be a great option for many people.


About Jermaine Hagan (The Plantsman)

Jermaine Hagan, also known as The Plantsman is the Founder of Flik Eco. Jermaine is the perfect hybrid of personal finance expert and nemophilist. On a mission to make personal finance simple and accessible, Jermaine uses his inside knowledge to help the average Joe, Kwame or Sarah to improve their lives. Before founding Flik Eco, Jermaine managed teams across several large financial companies, including Equifax, Admiral Plc, New Wave Capital & HSBC. He has been featured in several large publications including BBC, The Guardian & The Times.

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