Friday, October 16, 2009

IMPORTANCE OF ENTITY PROTECTION-LIMITED PERSONAL LIABILITY-WHY IS IT IMPORTANT?

IMPORTANCE OF ENTITY PROTECTION-LIMITED PERSONAL LIABILITY

WHY IS IT IMPORTANT?

Types of Protection and the Importance of Your Nevada Business Lawyer

There are many options for organization of small, medium and large sized businesses. However, the main options are sole proprietorship, general partnership, limited partnership (LP), limited liability company (LLC), and corporations. The discussion below explains the difference between each option while explaining the corresponding pros and cons. Prior to making any decision regarding entity protection we highly recommend that you contact a Nevada business lawyer to ensure that your rights are protected and that the entity you choose best suits your business goals.

Disclaimer: This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. If you have questions or need specific advice relating to the matters contained herein, please contact Lovaas & Lehtinen, P.C.

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