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In this tutorial, we will demonstrate how to write a single-member LLC operating agreement, which is essential for every LLC formed in all states. This document specifies the ownership of the LLC and is required by states such as California, Delaware, Maine, Missouri, and New York, even for single-member LLCs. An operating agreement is crucial for separating personal assets from business assets, helping to establish the LLC as a distinct legal entity. Without it, proving this separation to authorities like the IRS can be challenging. The document is free and easy to complete, and we aim to guide you through the process in under five minutes.
