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. BlackLiability protection for LLC and corporation owners…
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…