Legal Question in Business Law in New York

Re: Privacy

Your best bet is to post this in the divorce/matrimonial section. This is the advice you are seeking..not business advice in the classic sense. Good Luck.

RRG

Re: Privacy

I agree with Bob that this is, in part, a question to be answered by your/a matrimonial attorney. Presuming you have already reached some settlement agreement and the purpose of the LLC is not to hide marital assets, a LLC can afford some privacy as to income and expenses. A one-person LLC does not usually file its own return (Form 1065) which is required if there are 2 or more members, but the individual owner files using Schedule "C", listing their SS#. A separate tax ID# is only required if the LLC has employees. Without knowing what agreements you may have with your "X" or obligations may be imposed on you resulting from the divorce, only a general answer is provided. This is a response to an Internet question and the reply is not intended to be legal advice or as creating an attorney-client relationship. Omitted facts may produce a different reply.