Agreements
First, for clarification’s sake, an LLC (Limited Liability Company) is a type of corporation. However, for ease of discussion I’ll use the term “corporation” to refer to a Subchapter S Corporation (we will leave C Corporations out of this discussion as impractical for putting a boat into). In the world of boat sharing, there is […]
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Boat Sharing
A key question for boat owners who are interested in adding a partner to their boat is, “How will this affect my insurance?” Actually, insuring your boat with partners is really quite easy. However, as with everything, open and honest communication will be critical to the success of your partnership because their age, boating experience […]
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