Legal Question in Business Law in Ohio
I am opening a Non-profit Corporation where I will help children / young adults by having interactions with my horses. Problem is my husband is concerned what type of "guarantee" that someone could sue us and we lose our family farm?
Asked on 11/26/10, 2:41 pm
1 Answer from Attorneys
Kevin B. Murphy
Franchise Foundations, APC
As a Franchise Attorney I don't understand what your husband is referring to when he says "guarantee." In addition, if the entity is set up as a valid corporation, your personal assets, like the family farm, should be insulated if it's done properly. Consult with a good business or franchise attorney in your area for specific advice.
Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.
Franchise Foundations, a Professional Corporation
Answered on 12/01/10, 5:26 pm
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