This section contains information on Asset Protection law.

Asset Protection

Alter Ego Liability and Piercing the Corporate Veil (Or the LLC Veil)

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"Faithfulness to the formalities is the price paid to the corporation fiction, a relatively small price to pay for limited liability ." -as quoted by the court in Labadie Coal Co. v. Black Liability protection for LLC and corporation owners…
Asset Protection

Learn About Asset Protection & Intro to Asset Protection Law

An Introduction to Asset Protection Asset protection refers to a set of legal techniques that protect a person's property from creditors and judgments. While there have always been protective measures available to persons to protect their assets,…
Asset Protection

Corporation Liability Protection & Asset Protection With a Limited Liability Company

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How to Effectively Manage Your Corporation or LLC (Limited Liability Company) to Maximize Your Personal Liability Protection The most notable feature of corporations is that a corporation's shareholders are protected from personal liability…

Homestead Exemption

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What is a Homestead Exemption? A Homestead is, quite simply, a legal device that protects a person's residence (or a portion of it) from creditors. A judgment creditor cannot levy on the homestead portion of a person's residence. The amount…

Asset Protection With a Friendly Lien

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A friendly lien is simply a lien against property that you own that is held by a party or parties that is friendly to you. Some other terms used to describe this device are "friendly mortgage", and "friendly loan." The classic example of a…