What is an LLC?

“LLC” is short for “Limited Liability Company” and is the most frequent type of business entity that we create.  LLCs are both flexible and dynamic. An LLC offers similar levels of asset protection as a Corporation, but without the onerous amount of compliance that a Corporation requires.  If created and administered properly, LLCs can be a wonderful tool for business owners. But please note – once a creditor exists, creating a LLC at that point to protect your assets is simply too late.  You must create an LLC in advance of knowing about a creditor.

About Jesse Coyle

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Mr. Jesse T. Coyle is a licensed attorney in both North Carolina and Illinois, as well as a Certified Financial Planner™. Jesse has dedicated his career to helping all families navigate the complicated waters of estate planning and probate matters. Jesse and the members of Carolina Tax, Trusts & Estates are available for your call and would be pleased to assist you.

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