We are LLC Attorneys who Prepare Custom Operating Agreements

This website was created by Arizona LLC attorneys Richard Keyt, JD. LL.M. who has masters degree in federal income tax law from New York University School of Law and his son former CPA Richard C. Keyt, JD, MS whose masters degree in accounting is from the University of Notre Dame.  The Keyts have drafted 7,800+ LLC Operating Agreements.

  • Arizona’s new LLC law became effective September 1, 2019. It completely replaced Arizona’s original LLC law enacted in 1992.  ALL Arizona LLCs should adopt an Operating Agreement that eliminates the harmful provisions of Arizona’s new LLC law.
  • Members of Arizona LLCs should hire us to draft a custom state of the art new Arizona law compliant Operating Agreement for your LLC.  To hire us submit our online Operating Agreement Questionnaire.
  • Warning: Arizona’s new LLC law is complex. We doubt you can find anybody who knows the new law enough to draft a new law compliant Operating Agreement.  If you are considering getting a new Arizona LLC law compliant Operating Agreement from somebody else ask them: (i) How many LLC Operating Agreements have you prepared (7,800+ for us); (ii) Do you have a website dedicated to Arizona LLC law (see ours at www.keytlaw.com/azllclaw), (iii) Do you have a website all about Arizona LLC Operating Agreements (you are on ours now) and (d) How may five star reviews does he or she have on Google & Birdeye (we have 235)?
How to Hire Us

Buy a Custom Operating Agreement

  • Peace of Mind: Your Operating Agreement will be prepared by experienced Arizona LLC attorneys who know Arizona’s new LLC law.
  • Phone Help: Call Arizona LLC attorney Richard Keyt at 480-664-7478 for free answers to Operating Agreement questions.
  • We Eliminate the 13 Harms Caused by the New Law. Read 13 Ways Arizona’s New LLC Law Harms LLC Members.  Our Operating Agreement eliminates all 13 ways Arizona’s new LLC law harms members.
  • Buy an Arizona LLC Operating Agreement: Buy our comprehensive state of the art custom Operating Agreement for:  (i) a single member or husband & wife owned LLC ($247); (ii) a multi-member LLC ($497); or (iii) a custom Operating Agreement where you pick and chose which of 30+ clauses you want in the Agreement $897.
  • Compliant with New AZ LLC Act:  Your Operating Agreement for an Arizona LLC will comply with Arizona’s new LLC law that become effective September 1, 2019.
How to Hire Us

Protect LLC Members by Purchasing
an Operating Agreement that
Complies with AZ’s New LLC Act

Hire LLC attorney Richard Keyt to prepare a comprehensive state of the art Operating Agreement for your Arizona LLC that complies with Arizona’s new LLC act that became effective on 9/1/19.  All multi-member LLCs need an Operating Agreement drafted to eliminate the many liability creating statutes in Arizona’s new LLC law. We have prepared 7,800+ custom LLC Operating Agreements for our happy clients.  See our 235 five star reviews. Our single member / married couple OA is $247, our multi-member OA is $497 & our customized you add or delete 30+ clauses OA is $897. Our Operating Agreements include 1/2 hour of attorney time to answer questions & amend the agreement.

LLCs Taxed as Partnerships Need a
Tax Audit Agreement
that Addresses
the New Tax Audit Rules

Warning – Lack of Tax Audit Agreement Is a Big Mistake:  All partnerships and all LLCs taxed as partnerships must adopt a Tax Audit Agreement now that contains language that addresses the new partnership tax audit rules created by the Bipartisan Budget Act of 2015 and the IRS regulations promulgated there-under that became effective on January 1, 2018. This article explains why the members of an LLC taxed as a partnership could suffer great economic harm if they fail to adopt a Tax Audit Agreement and why only an idiot would agree to be the tax representative without the protection offered by a properly drafted Tax Audit Agreement.

Preventable LLC Disasters

Learn why you need our Operating Agreement. If you are or will be a member of an LLC you must read “Common LLC Disasters a Good Operating Agreement Prevents.” Learn about real life LLC nightmares that you and your loved ones can avoid if your California or Arizona limited liability company Operating Agreement is prepared by the Keyts.

Amend an Operating Agreement

Hire us to amend an existing Operating Agreement to add or remove a member, change membership percentages, restrict transfer of interests, require members approval to take action, convert couples’ ownership to community property with right of survivorship or make any other change agreed to by the members.

Buy Sell Agreement

A Buy Sell Agreement may be a multi-member LLC’s most important document because it contains the members’ exit strategy. A BSA contains buy out provisions that arise if a member dies, files for bankruptcy, is convicted of a felony, ceases to work full time for the LLC, tries to transfer ownership to a third party or any other triggering event the members want. Ask Richard Keyt about a “shot gun” buy out clause.

Client Testimonials

In forming 7,800+ Arizona LLCs we have had thousands of happy clients. A few testimonials are shown below, but here is how to access the complete list of satisfied LLC purchasers:

If One Musician Plays A Wrong Note, the Entire Orchestra Now May Pay the Price — Be Aware of New Partnership Tax Audit Rules

May 3rd, 2018|0 Comments

Whitman, Elizabeth: “With awareness and diligent preparation, many partnerships should be able to opt out of the post-TEFRA rules and continue to operate as they have in the past the TEFRA rules, but they still should amend their agreements in case they find themselves subject to the post-TEFRA rules in […]

The New Partnership Audit Rules, Part 2: The Election Out

April 18th, 2018|0 Comments

McGinley. Elizabeth L. and Lorch, Steven J.:  ” The New Rules, effective for audits of partnership tax years beginning on or after January 1, 2018, generally allow the IRS to adjust items of income, gain, loss, deduction or credit of a partnership, and collect any resulting underpayment of tax, […]