Each day I have the great honor of sitting down and talking to many of Dean's students. You come from all over the world. It is amazing to rub shoulders with so many who are working so hard to better their lives and the lives of their families.
A question I am often asked is, "Why do I need an LLC?" The question is an important one and one we should understand.
The most important thing we are trying to do is create a shield that protects us and our personal assets. What does this mean? We are wanting our LLC to be seen as a separate entity from us personally. If either entitly is exposed (sued) we want the other to not be dragged into the fight. We want all that we own protected the best that we can.
Take the time and have your LLC set up correctly and make sure that it runs correctly. Having a corporate shield can prove to be very important one day. Do your work and get a good pro and set things up right.
Each day I have the great honor of sitting down and talking to many of Dean's students. You come from all over the world. It is amazing to rub shoulders with so many who are working so hard to better their lives and the lives of their families.
A question I am often asked is, "Why do I need an LLC?" The question is an important one and one we should understand.
The most important thing we are trying to do is create a shield that protects us and our personal assets. What does this mean? We are wanting our LLC to be seen as a separate entity from us personally. If either entitly is exposed (sued) we want the other to not be dragged into the fight. We want all that we own protected the best that we can.
Take the time and have your LLC set up correctly and make sure that it runs correctly. Having a corporate shield can prove to be very important one day. Do your work and get a good pro and set things up right.
Roy Voeks
Official RE Coach