Incorporate or NOT???

[Mrs BJ]

What are the benefits of incorporating a small business that is a sole-proprietorship?
If someone was to sue a sole-proprietor and won, could that owners personal assets, especially his home be taken?

 

[ALawyer]

Please read the sections under Business Law and Starting a Business and corporations on FreeAdvice.com -- a corporation CAN help avaoid certain liabilities, but not all, and does not replace the need for the business to have adequate insurance.

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