How secure is an LLC as far as the worst case scenario and lawsuit?

We are almost done building our house after years of toiling and I know others have had the same questions. My wife and I each own an LLC and hold the deed outright to the property. Lawyers are like doctors, best to do research and have questions ready before seeing them…

You need to be a member of Fashion Industry Network to add comments!

Join Fashion Industry Network

Email me when people reply –

Replies

  • Well, it's already pretty late, dude. You should have asked that before building the house. Now, you won't be able to split it that easily. You need to have an agreement between the two LLCs and the directors. Besides that, if you don't want to be thrown out in case of a divorce, you cannot do anything to avoid this situation. You should have done all this before building the damn house. Now, I recommend you develop your LLC and try to buy the one held by your wife. You might find helpful the information from https://innovation-park.eu/going-global-5-benefits-of-expanding-you... . Trust me, and it's the best you can do right now.
    Going Global: 5 Benefits of Expanding Your Business Abroad
    While countries, entities, and markets find creative ways to overcome challenges and adapt to the “new normal,” going global remains important for ec…
This reply was deleted.

Forum Rules

PLEASE keep all discussions relevant to fashion, textiles, beauty products, or jewelry.

Follow the Fashion Industry Network Rules.

It is always a good time to review fabulous fashion.

 

Hot topics of possible interest:

  Thank you for using the Fashion Industry Network.  Have you helped another member today? Answer questions in the forum. It brings good luck.