[android-developers] Re: Thoughts on lawyers and self protection

2010-01-16 Thread theSmith
Thanks for they reply Wayne, Under an LLC there is a certain level of personal protection yes? Even if there is only one person in the LLC? Its my first time generating some revenue off coding (I'm still in college) and I really would like some legal protection, even though my apps shouldn't

Re: [android-developers] Re: Thoughts on lawyers and self protection

2010-01-16 Thread Wayne Wenthin
Yes there is a moderate amount of protection with an LLC. The key is managing it correctly. One of the biggest hurdles will probably be the need to pay yearly fees to both the state and to the company that will receive your documents. I believe this is required in most states. It costs me ~