re: Why would Ed want to stay on if Woodward will buy out his contract?

quote:

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Not a lot of difference. I would suspect his kids are “members” with defined ownership percentages. The income is pass through to each member and this results in an overall lower tax bill I suspect as I doubt any of his kids have other income that would put them in the highest tax bracket.

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Nope-

O" THE ROSY FINCH BOYZ, L.L.C. Limited Liability Company MANDEVILLE Active

Previous Names
Business: "O" THE ROSY FINCH BOYZ, L.L.C.
Charter Number: 42524010K
Registration Date: 1/17/2017
Domicile Address
72 OLEANDER COURT
MANDEVILLE, LA 70471
Mailing Address
72 OLEANDER COURT
MANDEVILLE, LA 70471
Status
Status: Active
Annual Report Status: Not In Good Standing for failure to file Annual Report
File Date: 1/17/2017
Last Report Filed: 4/9/2020
Type: Limited Liability Company

Registered Agent(s)
Agent: WILLIAM A. NEILSON, SR.
Address 1: NEILSON-SPAULDING, LLC
Address 2: 650 POYDRAS STREET, SUITE 1530
City, State, Zip: NEW ORLEANS, LA 70130
Appointment Date: 3/21/2017

Officer(s) Additional Officers: No
Officer: EDWARD J. ORGERON, JR.
Title: Member
Address 1: 72 OLEANDER COURT
City, State, Zip: MANDEVILLE, LA 70471
Officer: KELLY L. ORGERON
Title: Member
Address 1: 72 OLEANDER COURT
City, State, Zip: MANDEVILLE, LA 70471