Legal Question in Business Law in Florida

Limited Liability company

I own a small Income Tax business several clients has asked about the LLC's. Are they protected from law suits better as a LLC or a sole proprietor? And if protected more what is a average fees for getting one set up?

Thanks


Asked on 3/27/03, 1:05 pm

1 Answer from Attorneys

David Slater David P. Slater, Esq.

Re: Limited Liability company

Absolutely LLCs protect better than sole proprietorships. Set up requires filing of papers and publication of notice. Fee ranges from $1,000 to $1,500 plus expenses depending upon size of company involved.

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Answered on 3/28/03, 6:17 am


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