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.

Related Topics:
2 Lawyer Answers
Morris Leo Greb
PREMIUM
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
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.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.