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Blog Posts in July, 2013

How can we decide between FLPs, LLCs, corporations and the other entities we often hear about?

It can be difficult to decide upon the right entity in a given situation. You will probably need both your attorney and accountant to sort through their relative advantages and disadvantages of each ...
Continue reading "How can we decide between FLPs, LLCs, corporations and the other entities we often hear about?" »

How do S corporations and LLCs differ?

An LLC is a similar entity to an S corporation since the owners of both entities enjoy limited liability and both entities can be taxed as either a proprietorship or partnership. An LLC member's ...
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Which are better to use for Asset Protection -- Limited Partnerships or Limited Liability Companies?

LLCs are becoming more popular and are fast replacing LPs. We almost always use LLCs to title non-residential real estate and to operate businesses but we still prefer LPs to title 'safe' ...
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How does a limited liability company differ from a limited partnership?

A limited liability company (LLC) is a hybrid between a corporation and limited partnership and it features the advantages of each. LLC managers have no personal liability for the debts of the LLC. ...
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Do other entities limit creditors to a charging order?

Because proper planning turns the charging order from a creditor remedy to a shield against creditors, any entity to which a charging order may apply is called a 'Charging Order Protected ...
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The Presser Law Firm, P.A. - Asset Protection Attorney
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