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LLC Benefits

LLCs can offer operational privacy and a separable legal shield.

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Jan 18, 2026
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What are the advantages and risks of using an LLC versus a trust to hold lottery winnings?

A lottery winner deciding between an LLC and a trust must weigh privacy, tax mechanics, creditor exposure, and estate planning: trusts excel at controlling distributions and probate avoidance while LL...

Jan 21, 2026

What legal and accounting mechanisms allow corporate Chapter 11 reorganizations to shield personal liability for owners?

protects a troubled business by placing it under the bankruptcy court’s supervision, imposing an automatic stay against creditor collection, and allowing the debtor — usually the company’s existing ma...