Contributions to capital of the LLC bill of sale
MS Word Free LLC bill of sale in exchange for membership interests template:
Adobe PDF Free LLC bill of sale in exchange for membership interests template:
When funding an LLC with assets held in personal names, it’s best to actually sell the assets to the LLC in exchange for membership interests. Another way of saying this is to fund the LLC with your assets as a contribution to initial capital.
You need to document any transfers of assets. Establishing a clear date that any transfers or sale of assets into a holding company or regular LLC will greatly help you if a timeline ever comes into question. When establishing your LLC, you can use this bill of sale template to establish the values of the assets you are selling (Transferring) to the LLC. Then you can exchange the value the LLC would have paid you for membership interests in the LLC. If you have not established an LLC operating agreement, please take the time to use one of our free LLC agreements on the side of this page. |
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Free LLC bill of sale in exchange for membership interests template:
Free LLC bill of sale in exchange for membership interests template: