Here's how to join the Bay State's tech hubs, manufacturing centers, and growing economy with a legal limited liability company.
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If your LLC can’t pay its debts or is unable to meet its obligations, only the business assets—and not personal assets—are at risk in a lawsuit. This flexibility and limited liability make LLCs a popular choice for small businesses of all types. Corporations offer their owners (called ...
How to invest in real estate There are several ways to invest in real estate, either directly or indirectly. Depending on the route you take, not all types of real estate investments will require a ton of time or capital. “The amount of money needed to invest in real estate varies dep...
may make them vulnerable to lawsuits, such as doctors or attorneys. Once an asset is transferred to such a trust, it is owned by the trust for the benefit of its beneficiaries. Therefore, it is safe from legal judgments andcreditorssince the trust will not be a party to any lawsuit. ...
Falling behind on your loan or credit card payments is never a pleasant situation to be in. You're probably wondering how this may affect your tax refund. Watch this video to find out more about how judgments can affect your tax refund.
In 2017, FanDuel and DraftKings each paid $1.3 million to settle a lawsuit with the Attorney General's office in Massachusetts. The settlement was the result of an investigation into allegations that both companies were involved in deceptive and unfair practices. The state's top lawyer didn't ...
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To start an LLC, you need to file a form called the Articles of Organization. This gets filed with the California Secretary of State. The Articles of Organization costs $70 if you file online. This is a one-time fee to create your LLC. If you want to file this yourself, see our ste...
In practice, this means that if your roofing company were to face a lawsuit or incur any debts, your savings, home, and other personal assets could not be used to cover these costs. On top of this, forming your business as an LLC also helps it to appear more legitimate and trustworthy...