Thread: CYA Protection
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Old 05-14-2009 | 01:41 PM
  #16  
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acl65pilot
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From: A-320A
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Originally Posted by sailingfun
If you form a LLC you have to incorporate in a state. You normally need a agent to do that. You also have to file annual reports with that state and pay a annual fee to maintain the LLC. The intent of the LLC can not be only avoiding legal exposure. It has to have a business aspect to pass that test or it could be voided.
Exactly, and like I said that was the 2 cent explanation. S-corp could work too!
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