[Introducing L3C - Part 3] L3Cs: Social Enterprise's Powerful, New Capital Formation Tool

L3Cs: Social Enterprise's Powerful, New Capital Formation Tool

L3C Presentation: Marc Lane, JD

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Marc Lane, JD

Marc J. Lane is a business and tax attorney, a Master Registered Financial Planner, a Registered Financial Counselor and a Certified Investment Specialist. He is the author of 32 books on corporate organization, management, taxation and personal finance. Twice a recipient of the Illinois State Bar Association's Lincoln Award, Mr. Lane has taught law at Northwestern University School of Law and business in the MBA program at the University of Illinois. He has consistently earned an "AV" rating in the Martindale-Hubbell Legal Directory, the highest ranking awarded. Martindale-Hubbell, which also includes him in its Bar Registry of Preeminent Attorneys, rates Mr. Lane's legal ability as "very high" and reports that he "embraces faithful adherence to ethical standards, progressive reliability and diligence." In addition, he has been selected by his peers as a "Leading Illinois Attorney" and as an "Illinois Super Lawyer."

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Marc J. Lane Wealth Group™

Marc J. Lane Wealth Group™ offers successful people a strategic, multidisciplinary approach to legal, tax, investment, corporate, estate and insurance planning.

Marc J. Lane Wealth Group™ describes four separate, but affiliated firms including: The Law Offices of Marc J. Lane, a Professional Corporation, a professional service corporation registered to practice law in the state of Illinois; Marc J. Lane Investment Management, Inc., an SEC-registered investment advisor; Marc J. Lane & Company, a registered broker-dealer and SIPC member; Marc J. Lane Risk Management, Inc., an Illinois licensed insurance agency.

Protecting Today's Wealth. Building Tomorrow's.®

Attorney Advertising
Securities offered through Marc J. Lane & Company Member FINRA, MSRB and SIPC

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The following video was recorded on January 27, 2009. The information has not been updated, and its accuracy and comprehensiveness cannot be guaranteed. Nothing contained herein shall be construed as legal, financial or investment advice. Consultation with a professional is strongly recommended before implementing any of the ideas discussed herein. Any tax information contained herein is not intended or written to be used and cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on your or any other person. (The foregoing legend has been affixed pursuant to U.S. Treasury Regulations governing tax practice).

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[laurencengirard]

I'm starting a non-profit that's going to create a health website to education people about the nutrition crisis in America. I don't any money out of this, but need starting capital to pay nutritionists. If I form it at as non-profit someone is willing to give me 60k starting capital from a non-profit fund. I want to form an L3C because later down the road I want to get venture capitalists to give us money to pay more writers. Can I do an L3C to get the starting capital which is a grant?...