Most people understand that in the world of asset protection planning and estate protection planning, the contracts which encompass the plans in question are always in writing. Everything you do to protect your business and personal estates involves the preparation of a contract, as does most of what you do with contractors, suppliers and even…
The limited liability company combines the limited liability advantage of a Corporation with the protection of your ownership interest. Yet, there are essential reasons we should prefer a Limited Liability CO. (LLC) to either the Limited Partnership or even the Corporation: – As with an S corporation, you can avoid double taxation with a Limited…
The very best in asset protection always incorporates employee awareness for small business owners. All too often, business owners make all or a combination of the following three critical mistakes: 1. They fail to form a business entity which feasibly can create protection from lawsuits filed by employees, suppliers and customers; 2. They fail to…
