MY training business is an LLC. in Illinios. Will a LLC. protect me more or less then a S Corp from lawsuits
ADVERTISEMENT
Hi William,
I had an LLC in IL for many years before I sold it. I was carrying business and personal liability insurance in order to protect myself and my business. You will need to contact a corporate lawyer in IL to help you with this matter. I also found a couple of sites for you to read for more information. I hope this helps:
http://www.llc-made-easy.com/how-does-an-llc-protect-me-from-lawsuits.ht…
http://www.scorporationsexplained.com/S-Corporation-limited-liability-pr….
Best,
Harris