LLC vs Inc - What are the differences and benefits

An LLC is a hybrid legal entity having certain characteristics of both a corporation and a partnership or sole proprietorship (depending on how many owners

Organizers form an LLC by filing the Articles of Organization, pursuant to Section 203 of the Limited Liability Company Law, with the Department of State

llc or trust for lottery winnings An LLC has two principal charter documents The first is a short document filed with the secretary of state which sets forth the name of the

can an llc win the lottery An LLC is flexible, giving you taxation options and flexibility in the number of owners allowed However, an LLC's most compelling quality is its ability to