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Hello, I am starting a new small business. I need to understand if it is best for me to set up an LLC Parent company.
Jay's answer
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Answered on January 16, 2015
I have a feeling you're referring to something called a Series LLC (SLLC). It functions like a parent company with subsidiaries; that is, you can...
Archived
Can they go after my personal assets if i had a court judgment against me for breach of lease , i had an llc business, went down
Jay's answer
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Answered on January 16, 2015
Generally members are not personally responsible for the LLC's debts and obligations, but this general rule fails when members serve as guarantors....
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