Submitted by ajconway t3_11b680n in personalfinance
0bi_Wan_Jabroni t1_j9w7ru7 wrote
As a lawyer, filing for an LLC and the accompanying docs (company agreement, etc) should not be anywhere near $50k. However, if you’re dealing with patent searches, drafting, etc. then that can get very expensive very quickly.
victim_of_technology t1_j9w9gnq wrote
love the name obi wan jabroni! This is so true. My first LLC I went for the fancy binder and corporate seal along with the name search ein filing and it was just under $2k from Legal Zoom. My second one was a flat $1,000 from a lawyer.
The patent is a different story over a year and $250k before it issued.
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