What type of ownership should i check off?

Question by PortReplicator: What type of ownership should i check off?
I am starting up a home based photography business, primarily focusing on weddings.
What type of ownership should I designate on the business license?
Corporate (obvious no)
LLC
Sole Proprietor
Trust

I’ve heard an LLC has a lot of shield to your personal assets, I worry about being sued and someone going after my personal assets like cars/ house / wages.

thanks,
Justin

Best answer:

Answer by Henry
LLC is your best bet. You can do it yourself by going to your states website and then to the Secretary of the State section. There you will find a one page downloadable form. Fill it out and mail it in, together with the filing fee and in about a week, you will be an LLC.

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