Tag Archives: LLC

What Is a Parent LLC, and Why Do You Need It?

By | March 14, 2012

In today’s trigger-happy age of litigation, it’s easy to see why people work hard to keep themselves free of liability. After all, liability is a big part of what ultimately requires so many people to pay big money in settlements and court awards when they’ve been sued. And it’s a big part of the reason people use Limited… Read More »

What is an LLC?

By | May 13, 2008

A limited liability company (LLC) is a form of business organization set up to offer liability protection to its members. When difficulties arise, LLC members may lose their investments in the company, but not their personal assets. LLCs are often better than a limited partnership, because in a limited partnership, one partner is personally liable for the partnership’s… Read More »