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A standard LLC are your small businesses that do not require professional licensing, such as retail stores. A professional LLC are your small businesses that do require professional licensing such as Attorney and Doctor Offices.
Yes it can. If the creditor files a wage garnishment to a protected LLC and that LLC fails to respond or respond properly, a court can and will hold the LLC jointly and severally liable for the entire debt owed to the creditor.
It should be safe to create a business LLC online if a secure website is used. It can be cheaper to create online. LLC stands for "limited liability company".
Ford Credit Auto Leasing (not sure what the M stands for) LLC is Limited Liability Company.
what is the proper way to write a company's name with llc
LLC
The LLC in Indiana LLC stands for "Limited Liability Company". LLC companies blend corporate structure with partnership qualities.
Yes, a LLC, that is, a LLC that is member of a LLC, could theoretically make a distribution to its parent LLC. Although, where member(s) of the LLC that is a member of the "parent" LLC are also member(s) of the parent LLC violate certain imputed fiduciary duties, the potential arises for unlawful self-dealing to occur.
LLC
an LLC owner.
Pershing LLC 0443 Pershing LLC/SL 5163 Pershing LLC/SL Int'l 5196
No LLC's do not have shareholders like corporations. LLC's have members which are similar to shareholders in a corporation.
A LLC is considered one of your assets. The LLC protects you from liabilities it assumes, but it doesn't protect the LLC from your liabilities. Therefore, if you declare bankruptcy, you could possibly lose your share of an LLC. At best, it would be difficult for you to get credit for the LLC, since the individual generally has to secure credit for the LLC.
No. See related question link that explains the liability of an LLC.
In taxation, Series LLC includes a master or umbrella LLC and other LLCs which are separated from each other for liability purposes. Each LLC has assets separate from the other, while the master LLC controls all the other LLC in the series.
For example I put Biz, LLC. instead of Biz, LLC
Can a LLc protect personal dept?we have (3) propertys in a LLC can that be protected?