Limited Liability Company
What is a L.L.C.?
An L.L.C. is a limited liability company.
What are some advantages of having a L.L.C.?
A L.L.C allows its members to be shielded from many individual liability claims. That is, in many circumstances the parties that are suing your L.L.C. will not be able to come after your individual assets. Additionally, there may also be many taxes advantages to forming an L.L.C.
Is it expensive to create a L.L.C.?
Usually no. It depends on your circumstances and a number of different factors. Many attorneys will provide you with a free quote. Here at Farjo Law P.L.L.C. we provide a free estimate for forming a L.L.C.