An LLC operating agreement is more than a governance document. It can shape the tax and financial outcomes for the business and its owners. Jason Navarino moderates a program hosted by NJICLE, where he explores the legal and tax considerations practitioners should address when drafting or amending an LLC operating agreement. Topics include entity classification, allocations and distributions, forced and target allocations, qualified business income, membership interest transfers, profits interests, capital contributions and capital calls, decision-making and information rights, buy-sell provisions, and considerations when choosing where to form an LLC. Attendees will gain practical insight into drafting agreements that effectively govern the business while supporting favorable tax outcomes and withstanding tax scrutiny.
10.27.2026