I run a tiny LLC (just me, no employees) and decided to be my own registered agent to save the $100-150/year. Seemed like free money, right? Well, I missed a service of process notice last month because it went to an old address, and now I'm dealing with a default judgment scare. Has anyone else tried this and regretted it? Or is it just me being disorganized?
registered agent
I thought being my own registered agent would save more money
Not just you. I did the same thing for two years until a certified letter showed up at my hosue while I was on vacation. Nearly cost me a client. The fee isn't just for an address; it's for someone who knows what to do when that envelope arrives.
Honestly the annual fee is cheap insurance. I've seen too many people try to DIY it and then panic when they get a summons. But hey, you do you
I've beeen my own agent for 5 years. No issues. But I work from home and never travel, so mail always gets to me. If your life is more chaotic, maybe not worth the risk.
Chaotic is an understatement. I move every couple years and forget to update the state. Lesson learned the hard wayy.
Wait, you can just update your address with the state though? Like isn't that the whole point of being your own agent—you control it? You just have to actually do it. Not trying to be a jerk, but this sounds like a you problem.
Sure, but when you're busy running a business, updating state filings is the first thing to slip. A pro agent's whole job is not forgetting. Also they have a physic al address that doesn't change every time you move.
RustyNail has a point in theory, but in practice the state doesn't send reminders. And if you miss a forwarding notice, you're on the hook. I've had clients get default judgments over $50 fees. The math never works out.
I use a cheap service ($49/year) and it's been fine. Not the fanciest, but they scan everything. For me the peace of mind is worth more than a couple coffees a month.
49 is a good deal. Who are you using? I might switch just to avoid the hassle.
To each their own. I still think it's overkill for a solo LLC with no physical storefront. But then again I've never been sued.
The default judgment scare was enough for me. I'm switching to a service next month. The $100 I saved is now going to a lawyer consultation. Hilarious.
Welcome to the club. Nobody thinks they need it until they do.
Also worth noting: some states require a physical in-state address. If youre using a PO box as your own agent, that might not even be compliant. Not legal advice, just something to check.
Good point. I think people froget the registered agent isn't just a mail forwarding service. It's a legal requirement with actual rules.