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[Music] hi today were gonna talk a little bit about single member LLCs and whether or not a single member LLC needs an operating agreement this is a question that has come up on the message boards and been submitted to us from time to time its a good time for you to understand that relationship and whether or not you do indeed have to have an operating agreement from a perspective of somebody who has been a litigator for 20 years Im going to tell you that yes you should have a written operating agreement the reason for that is and the reason you set up an LLC or any other corporate form is to protect you and your individual personal assets and your familys assets from any kind of a judgment or other action taken by an unsatisfied client or a regulatory body if youre in a state thats regulated we want to make sure that theres a clear line of separation between you and your business in order to preserve that insulation that the LLC or other corporate structure gives you its alwa
