Legal Question in Business Law in New York

The DBA has no independent legal identity separate from the LLC whereas setting up different entities like an S corp or other LLCs create a liability shield which may be very important to avoid any cross liability especially if you are operating very different channels of business here.

Of course this requires the expense and effort to set up and administer different legal entities. I would need to understand all your objectives before I could offer any actionable advice on this.

Before take any action, I suggest that you consult with a lawyer in private and discuss your objectives in more detail. You can start by calling around to several for a free phone consultation, get some insights then pick the best fit to work with.

If you would like to discuss further over a free phone consult, feel free to contact me anytime that is convenient.

Our firm is now referred by the American Bar Association (see under the New York section):

http://www.americanbar.org/groups/delivery_legal_services/resources/programs_to_help_those_with_moderate_income.html

Kind regards,

Frank

www.LanternLegal.com

866-871-8655

[email protected]

DISCLAIMER: this is not intended to be specific legal advice and should not be relied upon as such. No attorney-client relationship is formed on the basis of this posting.