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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Here's how I see it... Posted by Ward-CA- on March 03, 2004 at 8:58 PM In Reply to: Re: An LLC might be a better choice... posted by jenv on March 03, 2004 at 2:37 PM : : I think that would give you a lot more protection against personal liability. : Unless somebody else was driving, how do you figure? I don't see how an LLC provides any liability protection to the driver. It can provide a nice privacy shield, though. ====================== Jenv, Who said anything about the driver?? The party with the biggest liability exposure is the owner of the vehicle. So she needs to put the title of the car into an LLC. If there's ever any liability affecting the owner of the car it will be contained by the meager assets of the LLC since the members of an LLC are protected from personal liability. Follow Ups: Re: Here's how I see it... jenv 10:29 PM, 03/03/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : : I think that would give you a lot more protection against personal liability. : : Unless somebody else was driving, how do you figure? I don't see how an LLC provides any liability protection to the driver. It can provide a nice privacy shield, though. : ====================== : Jenv, : Who said anything about the driver?? The party with the biggest liability exposure is the owner of the vehicle. So she needs to put the title of the car into an LLC. : If there's ever any liability affecting the owner of the car it will be contained by the meager assets of the LLC since the members of an LLC are protected from personal liability. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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