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Updated almost 11 years ago, 12/16/2013
Was your LLC put to the test?
There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most of it, but I honestly couldn't tell you if it was even worth the paper it was written on. If I was sued, I wonder if I would actually be protected.
I'd love to hear from people who had an LLC that actually protected them from being sued and found liable for something.