Re:Ask HN: When to establish an LLC or S-corp for a 1-person...
by prokes on Thursday December 14, 2017 @04:01PM
(#15926998)
The point of the LLC or Corp is that if someone sues your business, they can't come after your personal assets. In the parent's case, this is their vested shares of startupcorp. A separate entity limits your risk.
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