The limited liability company, or LLC, is a type of business entity that provides protection for the owner’s personal assets should the business not have sufficient assets to cover debt that becomes due. If your business is organized as an LLC, your own personal liability for the LLC’s actions is significantly limited. If your company [..] The post The LLC Liability Shield… Don’t Put it in Jeopardy appeared first on Law Office of Wendy Anderson.

The Limited Liability Company, or LLC, is a business entity structure known (and loved) for the flexibility it offers to its Members in deciding how to manage their company. For a Corporation, many statutes exist regarding the people involved (Officers, Directors and Shareholders), bylaws, voting and meeting requirements, fiduciary duties, and many other aspects of [..] The post LLC Operating Agreements: What’s the Big Deal? appeared first on Law Office of Wendy Anderson.