Can You Use LLCs to Protect Your Personal Assets

2 years ago
39

We are often asked, "Can I open an LLC for my personal assets and protect them from creditors?"

Simply putting assets into an LLC does nothing. You need to carefully structure the arrangement for asset protection purposes, otherwise, an aggressive creditor can easily dismantle the structure.

In this video, we examine the Family Limited Partnership structure and how it protects the families and safeguards assets.

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