Why Own a Boat as an LLC in Delaware

Owning a boat as an LLC in Delaware can offer several advantages, especially if the LLC is registered in Delaware. Here’s why people often choose this route: Asset Protection and Liability Limitation By owning the boat through an LLC, the owner's personal liability is...

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The difference between an LLC or Corporation

Limited Liability Company (LLC) and Corporation are both business structures that offer limited liability protection to their owners, but they differ in several key aspects. Here are some of the main differences between an LLC and a Corporation: Ownership and...

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What is a Certificate of Incumbency?

Question: Who needs one? Who wants one? Answer: Anyone who wants to prove ownership or authorizations of their Delaware LLC (or Corporation). Delaware attracts millions of people to their LLCs. This is the only jurisdiction that allows an owner to remain anonymous....

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Delaware public benefit corporations

A Delaware Public Benefit Corporation (PBC) is a type of corporation that is formed in accordance with Delaware law and is designed to operate in a socially responsible and sustainable manner. Delaware was one of the first states in the United States to enact...

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How to use a Delaware LLC for asset protection

Using a Delaware Limited Liability Company (LLC) for asset protection involves several key steps and considerations. Keep in mind that while an LLC provides a level of protection for personal assets, it is essential to follow legal and procedural requirements to...

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