An LLP is an unincorporated business owned and run by multiple people whose assets are protected. Many, or all, of the products featured on this page are from our advertising partners who compensate ...

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them. Penny ...

A PLLC offers personal asset protection for business owners in licensed occupations, such as medicine and law. Many, or all, of the products featured on this page are from our advertising partners who ...

One of the most poorly understood concepts in asset protection planning is that of the very important role played by liability insurance in such planning. In a great many cases that do not make their ...

Forming a limited liability company (LLC) is one of the most convenient ways to start a small business, but there are several LLC advantages and disadvantages to consider before you take this step.

A Limited Liability Company (LLC) is a business structure that provides limited liability protection for its owners and shareholders. It means that the company's liabilities are separate from those of ...