How To Fund Your LLC THE Easiest WAY

Have you ever had a question about how do you fund a limited liability company? On this video, I'm going to be answering those questions for you, talking about the pros and cons of funding your LLC. All right. Let's get started. Okay, so when it comes to funding an LLC, you have different options.

And it really is going to depend on what is the purpose of the business or the LLC. In choosing a funding strategy. So let me just show you what I'm referring to here. So the first way in which you can fund a limited liability company, the first one is called a contribution. Now what does that mean.

With with the contribution. What you're doing is if we have a limited liability company that we've set up here, and I'm the member of that LLC, the contribution that is, you're the member, you're contributing the money to your LLC, you're moving the money in. So if I had $50,000 in my personal account right now.

So contributions notice they come from the members. So if I had $50,000 in my personal account, I wanted to get it in the LLC. All I would do is write a check and move that money directly into this limited liability company so that it would be sitting right there and then on the books of the LLC, it would say that member A me

contributed 50 K to this company. Now, this type of strategy is a great strategy to use in the following scenarios. One I would use it if you're setting up a Wyoming Holding LLC to protect your cash. So for example, in my personal structure, I have a Wyoming LLC that I've set up that holds all of my cash savings, CDs, treasuries, things like that.

So when I set up that LLC and I funded it, I moved money in as a contribution from myself. The reason why I did this is because I wanted to protect the investments inside of here from my personal creditors. So if somebody sued me and they got a judgment against me, I have the charging order protections of that LLC.