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How Haphazardly Created LLCs Can Lead to Trouble
A recent Scotsman Guide article highlighting CGS3 partners Phil Jelsma and Gregory Markow, discusses the difficulties that can quickly arise when an LLC is created in a sloppy or careless manner. The article highlights how the creation of a limited liability company can be an effective way to guard personal assets from your company’s liabilities and protect those assets if a judgment were ever to arise. However, a rushed LLC creation or an unorganized and ill-operated operation can create gaping holes in a business’s liability armor or a plethora of other difficulties down the road.
To read the full Scotsman Guide article regarding how a properly created LLC can offer tax and legal advantages, and help protect private assets, click here.