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5 Surprising Stats About Car Insurance Requirements in the U.S.

The Motley Fool

Image source: Getty Images Car insurance is pretty common, and for most people, it's legally required to get behind the wheel. Only two states allow drivers to skip insurance Currently, 48 states require their drivers to carry at least some car insurance to operate a vehicle legally. Many other states use this as a starting point.

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How to Choose the Best Legal Structure for Your Startup

The Motley Fool

But to me, maybe no decision you can make when starting a new venture is more important than what legal form the business will take. You essentially have four choices for how you will legally form your business. The legal issues and potential liability are the same, so no, we don't like this option much either.

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Is an LLC Worth It for Sole Proprietors?

The Motley Fool

Image source: Getty Images If you're starting a small business, generally the first step is setting up the legal structure of your business. LLC stands for "limited liability company," which is a business structure that combines the pass-through taxation of a sole protectorship with the limited liability of a corporation.

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Building a Home Gym? Make Sure Your Homeowners Insurance Covers This

The Motley Fool

Read more: check out our picks for best homeowners insurance companies Accidental damage Another bit of fine print to verify is what sorts of accidental events are covered. Don't forget liability if working out with friends We all like to think we'd ever end up in legal trouble with a former friend.

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2 Top Dividend Stocks I Can't Wait to Buy in September

The Motley Fool

I concentrate on companies that offer above-average-yielding payouts that increase steadily. The pipeline and utility company generates very durable cash flows backed by government-regulated rate structures and long-term contracts. The company's low-risk business model and strong financial profile put its 7.5%-yielding

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Is Your Small Business Ready for This New Federal Reporting Requirement in 2024?

The Motley Fool

Image source: Getty Images Small business owners have to deal with a few different types of legal compliance and document filing requirements throughout the year. government to stop criminals who use shell companies to cover up their financial crimes. financial system by setting up fake companies to hide their misdeeds.

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My Husband Got Hit by a Drunk Driver Without Insurance. Here's What Happened Next

The Motley Fool

But she didn't have auto insurance, even though it's a legal requirement in our state. What happened next The woman didn't have the cash she needed to pay for the damages, so my husband had to file a claim with his own auto insurance company. drivers don't have car insurance, even though nearly every state requires it to drive legally.

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