Does an Umbrella policy cover you for all personal liability or only auto accident related scenarios?

In addition to an extensive insurance coverage, you may want to consider setting up a NC LLC to hold your rental property. A lot of depends on...

What type of trust will protect my assets from a personal law suite?

There is a big misunderstanding that Revocable or Irrevocable Trusts, Family Trusts and Land Trusts protect you from lawsuits. They don't. They...

How can I best protect my prior assets, should my new marriage to a Thai lady end in divorce?

Attorney Patrick gives accurate advice. A prenuptial agreement drafted by an estate planning - divorce attorney is the best way to address your...

Selected as the best answer

How is the “liability limited” in a LLC?

You may have asked the same question three hours later. In theory, an LLC does with it says, it limitis your liability, but in practice, and...

How does an LLC work in regards to limiting liability?

Attorney Poulson gives sound advice. In theory, an LLC does with it says, it limitis your liability, but in practice, and depending on the amount...

I agree with Mr. Murillo. A lof of depends on how your operating agreement is drafted and how, on wich terms and with who or with what kind of...

I live in pa. i wanted to know how much protection an llc will give me as far as my personal proprety.

Attorney Lanard gives sound advice. It is important for you to set up a specific account for the LLC. This account should only be used for...

I assume your net worth is above the 500k benchmark. From your question, it shows that you are concerned about liability issues. As you know that...

Is there actually a liability advantage in forming an LLC in Nevada vs. California in order to do business in CA?

As attorney Doland, I always recommend to my clients to get as much insurance coverage as possible. From asset protection perspective, a lot...

My partners are starting an online blog website business where we will pay writers. Is a partnership more sensible then an LLC?

Attorney Kosley outlines very clearly a lot of the reasons why you need to sit down with a business planning attorney and a CPA to define which...