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How should I protect personal assets from business law suits
Sent to Business Law Experts May 15 06:45 AM

I have a real estate & insurance business. What enity do I need for liability and asset protection. I want to protect separate and personal assests.

Customer (name blocked for privacy)
Status:  Closed   Value: $30
Answer
May 15 8:34 AM (1 hour and 49 minutes and 14 seconds later)
         
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Picturervlaw -- Attorney -- 100% Positive Feedback on 119 Business Law Accepts
NYC Trial Attorney 30+ years; Law professor ; BUSINESS LAW; CONTRACTS; TORTS; Arbitrator
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May 15 10:47 AM (2 hours and 13 minutes and 2 seconds later)
         
Rich, Are you an attorney? I seem to get different answers from everyone, including the legal profession. Most seem to think an LLC is the best choice.
Customer (name blocked for privacy)
Answer
May 15 10:49 AM (2 minutes and 10 seconds later)
         
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I am. And an LLC will due. It is a corporation.

Rich



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Picturervlaw -- Attorney -- 100% Positive Feedback on 119 Business Law Accepts
NYC Trial Attorney 30+ years; Law professor ; BUSINESS LAW; CONTRACTS; TORTS; Arbitrator
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