Within one year, my wife will start a business as a new acupuncturist. We, of course, want to keep our personal assets protected and separate and my research points me to a LLC.
My question is: Can our accoutant set up the LLC, or do we also need to consult an attorney?
"Cigarman" wrote
You may be able to do this yourself, or your accountant could be of some additional benefit in the process, but nothing beats the experience and knowledge of the attorney - who you may also need in drafting documents related to patient care waivers.
They'll also know if your state laws for LLC's would provide any protections against claims your wife, who's hands touched the patient, caused the tort of which the patient (or their family) are seeking damages from her personally because she - personally - caused the damage.
LLC's are great at protecting you against the actions of others, but as far as I can tell, not much can protect you from what you actually do (or fail to do).
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