What is an LLC?

Posted on: December 1st, 2017

A limited liability company (LLC) is an entity commonly used to own and operate a business with relatively easy set-up, operation, and taxation. The LLC has two levels of asset protection: protection of LLC assets from outside creditors and protection of outside assets from internal LLC liabilities. The LLC is commonly used in estate planning for asset protection purposes; the LLC also serves as a popular business entity.

Share |

Comments (0)

Post a comment
You have to login or register in order to post comments
Forgot Password? Enter Login Email


Your Email:
Remember me