Legal Question in Business Law in Washington
Can someone that made the mistake of buying a franchise business personally, later create an LLC or S-Corp, and sell the business to themselves in order to protect their personal assets later?
Asked on 10/20/11, 12:13 pm
1 Answer from Attorneys
Charles Cruikshank
Cruikshank Law Office-Since 1975
If the liability arose before the transfer, probably not.
Answered on 10/20/11, 12:21 pm
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