One of the principal legal benefits for business owners and absolute estate investors in using LLCs to conduct their businesses and hold their absolute estate is the limited liability shield provided by LLC statutes to LLC members and managers. This shield protects the personal assets of these members and managers (e.g., their homes and savings) from being at risk for debts of the LLC and the business assets and absolute estate the LLC owns.
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October 17, 2011
Avoid VEIL Piercing of Limited Liability Companies
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