Who Should NOT Form an LLC?
          
          
               * Companies planning to operate their business in
          a state that does not currently recognize LLCs should
          seriously consider the consequences of losing their
          limitation on liability in that state, before forming
          an LLC.
               * Entrepreneurs who do not want to bear the
          responsibility, cost and possible future constraints of
          a customized company structure should consider sticking
          to the time-tested more rigid structure that a general
          stock corporation offers.
               * Sole owner companies cannot be LLCs.  An LLC
          must have two members, by definition, or it
          automatically dissolves.  (Of course, the second owner
          could be a children's trust or a family limited
          partnership holding 1%.)