“The short answer to that question is ‘Yes,’” says Callif. “If you are producing a film, you received funding for it or you’re funding it yourself, you should form a corporate entity…and typically what filmmakers do is an LLC.” Watch Callif explain why forming a corporate entity is so important:

The necessity of LLCs is just one of the points Callif covers in Film Independent’s monthly LEGAL EASE series. If you have a question for attorney Lisa Callif, please send them to us at education@filmindependent.org. Tom Sveen / Film Independent Blogger The statements and opinions expressed here are those of the lawyers who provide them. They do not necessarily reflect the views of Film Independent; its directors, officers and staff. Film Independent does not warrant the accuracy, reliability, currency or completeness of those statements or opinions and does not accept any legal liability arising from any reliance on them.