Quote:
Originally posted by kush
They can still take everything I have? FUCK!
Then why even bother making an LLC?
It seems to me like Delaware or Nevada is the place to incorporate with an adult business - what do you think about this?
|
yes dude... it's serious business... if you get sued for whatever, the first thing the court is going to want to see is the corporate records. And if the shit is in the wind cuz you got lazy, and hasn't been maintained professionally... your corporate status means exactly fuck all.
I've had 2 General Partnerships, drawn up in papers, signed, and the whole works, and I've had Wisconsin & California Corporations.
Never again. General Partnerships can be your worst nightmare if you don't have your papers
extremely carefully worded. Corporate status is very expensive and time consuming to maintain.
Sole Proprietorship is the only fucking way to go.
(unless you got a large group of employees and whatnot, then I would recommend corporate status.) But I'm not a lawyer... that's just my experience.