setting up a legal entity (LLC, Inc, S-corp...)
I have--name removed--group of 10 friends. We meet--name removed--few times--name removed--year and have organized functions together...mostly to keep--name removed--friendship going, but we also incur expenses as--name removed--group and would like to have--name removed--legal entity set up to keep--name removed--''fund'' available for these lodging and travel expenses. We also would like to spread the risk by having--name removed--single credit card for the entity to reserve lodging and meeting rooms. What type of entity do you suggest?
1 Answer from Attorneys
Re: setting up a legal entity (LLC, Inc, S-corp...)
You need to consuilt with an attorney as far more information needs to be exchanged before a recomendation can be made.
Related Questions & Answers
ADT Contract I had signed up for an ADT contract in November 2008. I am currently... Asked 3/30/09, 8:24 pm in United States Indiana Business Law
Shareholder Information My husband is quitting the family business in which he owns... Asked 3/17/09, 12:44 pm in United States Indiana Business Law
Starting a Counseling Service out of my Home I would like to start a counseling... Asked 3/16/09, 8:58 am in United States Indiana Business Law
Non-payment of insurance claims I have a friend that was just laid off permanently.... Asked 3/14/09, 10:49 am in United States Indiana Business Law