Product Details
Join us for an insightful and practical discussion on S.C. LLCs. Program planner Dave Merline has brought together an all-star faculty of new edition authors and corporate practice authorities who will offer powerful guidance for any practitioner who wishes to hone their skills and expand their knowledge in this challenging area. The seminar will feature updates from the publication South Carolina Limited Liability Companies, Fifth Edition, as well as a full hour of ethics credit. Don't miss your opportunity to hear from the new edition authors.
Seminar Agenda
Overview of the S.C. Uniform Limited Liability Company Act
David A. Merline, Jr., Merline & Meacham, PA
Scott Y. Barnes, Haynsworth Sinkler Boyd, PA
Choice of Entity
Scott Y. Barnes, Haynsworth Sinkler Boyd, PA
Capital Accounts
Scott Y. Barnes, Haynsworth Sinkler Boyd, PA
Securities
Suzanne H. Clawson, Haynsworth Sinkler Boyd, PA
Single Members LLCs, LLCs taxed as S Corps, Professional LLCs, LLCs used in Estate Planning
David A. Merline, Jr., Merline & Meacham, PA
Case Law Update
Stafford J. McQuillin, III, Haynsworth Sinkler Boyd, PA
Current Events in Ethics and Discipline
Barbara Seymour, Clawson & Staubes, LLC
About the Book
Scott Y. Barnes, Professor James R. Burkhard, Suzanne H. Clawson, and David A. Merline Jr.
South Carolina Limited Liability Companies, Fifth Edition, takes a hands-on, how-to approach to forming and operating LLCs. You will get practical insights on choosing, forming, and operating limited liability entities, valuable analysis of tax and securities issues, and most importantly, practical, easy-to-follow instructions and sample forms for preparing South Carolina LLC operating agreements.
The Fifth Edition includes a new chapter on the personal liability of LLC managers and members, and contains 14 sample LLC operating agreements, an agreement of conversion, all of the Secretary of State official LLC and LLP forms, and updates of practically every chapter since the Fourth Edition was released in 2012. Best of all, the purchase of the Fifth Edition entitles you to receive, at no extra charge, a downloadable copy of the book.
Summary of Contents:
Chapter 1: Overview of the South Carolina Uniform Limited Liability Company Act of 1996
Chapter 2: Choice of Entity
Chapter 3: Securities
Chapter 4: Determining a Member's Distributive Share of the LLC's Income, Gain, Loss, Deduction or Credit Under Section 704 of the IRC
Chapter 5: Using the LLC and LLP for Professional and Service Organizations
Chapter 6: Operational Issues Affecting LLCs and LLPs
Chapter 7: State Taxation of LLCs
Chapter 8: Using LLCs for Estate Planning
Chapter 9: Single-Member LLCs
Chapter 10: LLC Mergers and Conversions
Chapter 10A: Personal Liability of LLC Managers and Members
Mandatory MCLE Credit Hours
This seminar qualifies for 5.0 MCLE credit hours, including up to 1.0 LEPR credit hour. This seminar also qualifies for 0.66 Estate Planning & Probate and 5.0 Taxation Law Specialization credit hours.
This seminar is an Intermediate to Advanced level program.
Note: When submitting your compliance
reports to the SC Commission on CLE and Specialization, if you completed this
in
2025, please use this course code: 251000ADO.
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