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What else can I help you with?
How can a personal lawsuit against me impact my LLC?
A personal lawsuit against you can potentially impact your LLC by putting its assets at risk if the lawsuit is successful. This could result in the seizure of the LLC's assets to satisfy any judgment against you personally. It is important to keep personal and business finances separate to protect your LLC from personal liabilities.
If a dba was listed on a lawsuit do you have to respond for the dba Or is it incorrectly listed on the lawsuit Shouldn't the LLC be listed instead?
The lawsuit can be listed as either DBA or LLC. You do need to respond, otherwise you might be faced with a default judgment.
What does llc stand for?
LLC = Limited Liability Company It is sometimes mistakenly referred to as a Limited Liability Corporation. However, an LLC can file taxes as either a Discarded Entity, a Corporation or a Partnership.
What does the LLC Corporation do?
"An LLC Corporation is often used by small business owners to protect them from monetary liability. When you set up an LLC Corp. your personal property, i.e., house, car and other personal assets are off limits from being included in a lawsuit against your business."
What happens to my LLC when I die?
When you die, your LLC can continue to exist if you have a succession plan in place. This plan may involve transferring ownership to a family member, partner, or selling the business. If no plan is in place, the LLC may need to be dissolved according to state laws.
What licenses are needed for a LLC selling tangible products online?
Details about how to get license for LLC tangible products online is given in this link please visit this url http://www.businessnameusa.com/Wholesale_License/wholesale_license.htm
What are some of the best selling films produced by Summit Entertainment LLC?
Summit Entertainment LLC produce a wide variety of films, and are a subsidiary of Lions Gate Entertainment. The most famous currently are the Twilight films.
Which is correct LLC or LLC?
LLC
What are the release dates for My First Sale - 2010 Selling to Escape the Rat Race 2-2?
My First Sale - 2010 Selling to Escape the Rat Race 2-2 was released on: USA: 8 July 2010
Can an LLC be a partner in another LLC?
Yes, an LLC can be a partner in another LLC. This is known as a multi-member LLC structure, where one LLC is a member or partner in another LLC.
What does the LLC stand for in Indiana LLC?
The LLC in Indiana LLC stands for "Limited Liability Company". LLC companies blend corporate structure with partnership qualities.
Can a LLC invest in its parent LLC?
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.
