The Problems with Using LegalZoom to Create Your LLC

💸Paying LegalZoom to fill out a form is unnecessary when you can do it yourself online.

📃LegalZoom provides template documents, like an operating agreement, that may not be tailored to your specific needs.

📝You still need to handle other tasks, such as obtaining an EIN and obtaining the necessary licenses, on your own.

✏️LegalZoom may not be aware of industry-specific requirements that could affect the type of LLC you need.

⏰LegalZoom charges additional fees for services like registered agent service and yearly compliance.

Why should I avoid using LegalZoom to create my LLC?

—LegalZoom charges unnecessary fees for tasks that can easily be done by yourself online.

Does LegalZoom provide personalized legal advice?

—No, LegalZoom only provides template documents and general information.

Can LegalZoom handle all the necessary filings and registrations?

—No, you still need to handle tasks like obtaining an EIN and specific licenses on your own.

Does LegalZoom take care of yearly compliance filings?

—Yes, but you will need to pay additional fees for this service.

What happens if I have industry-specific requirements for my LLC?

—LegalZoom may not be aware of these requirements, so it's important to do proper research.

00:00There are multiple ways to create an LLC, including doing it yourself, hiring a service, or hiring a professional.

01:01Using LegalZoom to create an LLC may not be the best option due to unnecessary costs and lack of personalized service.

02:52LegalZoom charges money for filling out a form that you can do yourself online.

06:08LegalZoom provides template documents like an operating agreement, but they may not be tailored to your specific needs.

07:10You still need to handle other tasks like obtaining an EIN and necessary licenses on your own.

09:56LegalZoom charges additional fees for services like registered agent service and yearly compliance.