LLC protection

Is a single-member LLC protected? A single-member LLC “”may”” act as a shield to protect your personal assets from the liabilities associated with the business conducted by the LLC. The same protection applies to protect the owner from any debts of the LLC. Read more on denhalaw.com For startups and small firms, a single-member LLC … Read more

How do I protect myself from an LLC? To protect yourself against alter ego claims, it is important that you keep your business and personal assets separate. Keep careful accounts. Don’t use LLC funds to pay your personal credit cards or bills. Put business assets, such as vehicles and equipment, in the name of the … Read more