Forming a limited liability company means you aren’t personally responsible for the company’s debts or liabilities in the event of a lawsuit (except in rare circumstances). Most LLCs are ...

However, in exchange for these two considerable benefits, the owners of LLCs must meet the "transferability restriction test," which means the ownership interests in the LLC are not transferable ...

Learn more about it. A limited liability company (LLC) can offer you personal liability protection from the business activities you engage in. If you are a real estate investor, a real estate LLC ...