You better protect yourself, before you wreck yourself, as the old saying goes. Forming a limited liability company will most definitely protect you by protecting your personal assets. You see, a judge can only seize the property of your llc, not the property that belongs to you personally. This is the whole reason to form an llc in the first place.
What are these personal assets that are being protected, you may ask. Personal assets would include your car, house, sports memorabilia, silver spoon collection, bank accounts, and other possessions that you own. These values are your life’s work and must be separated from your business life.
The charging order protection for an llc and it’s owner can be duplicated in a Wyoming corporation as a matter of fact. You will get the same protection with either. So do not fret if you need to get a corporation because of the stock options, both are protecting your personal assets. The LLC is favored 90% of the time when it comes to initial filings, that is why the LLC is looked at as an asset protector more often than a corporation.
LLC and Corporation Filing Service
If you are the mood to finally start that company and protect your assets in your personal and business life entertainment, then let us get you an llc or corporation. The charge for either option is $199. That includes all the states fees, forms, filing, and registered agent fee in Wyoming. You will even get free mail service, bonus!
