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For more information on the limited liability laws and filing requirements of a particular state, please click on the appropriate link below.




LLC Advantages

A limited liability company (LLC) has many advantages as a form of business entity:

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This article was written by , a Chicago business attorney and frequent writer and speaker on limited liability companies. The site is for educational and informational purposes only and does not constitute legal advice. The information which is presented here is intended to make limited liability companies easier to understand, but weighing the tax, liability and operations issues requires a thorough understanding of the applicable law and cases. Anyone contemplating forming a limited liability company is urged to obtain proper legal advice.