Alter Ego Liability and Piercing the Corporate Veil (Or the LLC Veil)
Asset Protection, Corporation Law, Limited Liability Companies"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…
Intro to Asset Protection Law
Asset ProtectionAn 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,…
Corporation Liability Protection & Asset Protection With a Limited Liability Company
Asset Protection, Consumer Law, Limited Liability CompaniesHow 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
Asset Protection, Real Estate LawWhat 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
Asset Protection, Real Estate LawA 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…