Question about LLC

[mcworldstar]

I'm planning on starting a production company that will manage over two projects that will each have their own websites and sell music packages. Will an LLC protect me and my assets from the two projects as well as the production company?...... or Should I have an LLC on each project company? I'm based in
Kentucky......any comments greatly appreciated!...Thanks

 

[Michael Wechsler]

I'm planning on starting a production company that will manage over two projects that will each have their own websites and sell music packages. Will an LLC protect me and my assets from the two projects as well as the production company?...... or Should I have an LLC on each project company? I'm based in
Kentucky......any comments greatly appreciated!...Thanks

The quick answer is, yes, the LLC should protect you in the manner that corporations protect the individual as separate legal entities. However you should know that if one site is sued, the revenue of both sites is actually under one roof. That may be perfectly fine. Good luck with your company!