- Jurisdiction
- California
Hello,
Two rising higher school students start online trading business and make some money. The parents are really concerned about liability and do not want to intermingle the children's business with parents' wealth.
Can minors set up their own LLC and run their owner business? The LLC is going to file as C corp for tax issue, and buy the liability insurance for the LLC itself.
Thank you,
Two rising higher school students start online trading business and make some money. The parents are really concerned about liability and do not want to intermingle the children's business with parents' wealth.
Can minors set up their own LLC and run their owner business? The LLC is going to file as C corp for tax issue, and buy the liability insurance for the LLC itself.
Thank you,