Posts Tagged 'Charging Orders'

HomeTag: Charging Orders

Single Member LLC Follow Up–LLC Florida Court Challenge Revisited

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By Lee R. Phillips

I sent out an email a couple weeks ago about the Florida Supreme Court setting aside the “charging order” protection an LLC is supposed to offer.  I now apparently have a lot of students that have “sliced their wrists” and are bleeding to death.  (I faint at the sight of blood – not really – but please don’t do the wrist thing.)

Take a deep breath and step back from the edge.

The “charging order protection” protects the assets ...

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Categories: Asset Protection, LLC

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Where Do I Form My LLC?

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prepareWhere Do I Form My LLC?

By Lee R Phillips

I have usually recommended that a person establish their LLC in the state where they are doing business. I am still a firm believer that the “secrecy hype” and all the other sales pitches that Nevada makes are basically bogus. It costs a lot more to do your LLC in a foreign state (one where you’re not doing ...

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Categories: Lee R. Phillips

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