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Posts Tagged ‘Limited Liability Companies’

The Hidden Benefits of Limited Liability Companies (LLC)

Lawyer talking to clients in his office

Owners of family-owned and closely held businesses are for good and obvious reasons concerned about taxes. But sometimes the focus on legitimate and legal tax avoidance causes people to forget about asset protection. This is where a Limited Liability Company or LLC can come into play. Without an LLC, a person’s property would be often owned in an individual capacity or in their living trust. And that can lead to […]

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