Sicklerville, NJ asked in Contracts for New Jersey

Q: I have an EIN number as a is a sole proprietory And DBA for my business with EO insurance. Should I change to a LLC?

With the EO insurance can someone still come after my personal asset that are attached with my spouse? The business services as a General Notary and Notary Signing Agent.

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2 Lawyer Answers
Morris Leo Greb
Morris Leo Greb
Answered
  • Rockaway, NJ
  • Licensed in New Jersey

A: My advise is that you speak to a CPA to discuss the tax implications. Thereafter once a decision is reached an attorney can be retained to prepare the appropriate documents for filing.

Leonard R. Boyer
Leonard R. Boyer pro label Lawyers, want to be a Justia Connect Pro too? Learn more ›
Answered
  • Clifton, NJ
  • Licensed in New Jersey

A: You need to retain an experienced corporate attorney to custom draft all the appropriate documents for a 3 member LLC. You live in the most litigious country in the world, do not take any chances.

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