Forming an LLC or a corporation protects members, investors, and their personal and family assets from liability for claims of business creditors, but the protection is not bulletproof. In some situations, personal liability for the obligations of LLCs and corporations may still exist. The Value of Limited Liability Limited liability companies and corporations shield business owners from personal liability in most situations if the business becomes liable to a third-party. Sole proprietors … [Read more...]
Mistakes to Avoid in Estate Planning
Failing to plan, failing to update the estate plan, failing to coordinate beneficiaries, forgetting to plan for disability and long-term… READ MORE