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Benifits of LLC
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buck1400
Posted 12/14/2008 07:07 (#533832 - in reply to #533648)
Subject: Re: Benifits of LLC


West Central Ohio
I think plowboy was referencing something like what jake explained. If the LLC is at fault, and is liable for some action, then yes, the LLC should provide some protection to your personal assest. But if you personally are liable (had too much to drink, drove home, and killed someone on the way), the the LLC will not provide protection to your personal assests, including your interest in the LLC.
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