Choosing Your Business Structure: S vs C Corporations
BY Admin | July 17, 2017Choosing the right structure is extremely important to your business, and it matters for asset protection purposes as well. Once you have decided to go with a corporation, you still need to decide whether you want to organize as a C corporation or an S Corporation. There are some important differences that you need to…
5 Ways the Corporate Veil Can Protect You
BY Admin | June 30, 2017Limited liability companies (“LLC”) and corporations are useful asset protection tools because they are both entities that exist separate and apart from their owners. They offer personal asset protection and an array of other benefits, which is why many people use them as wealth planning or asset protection tools. This separate entity and related security…
Personal Vs. Business Asset Protection: Which is Better?
BY Admin | May 26, 2017We live in a highly litigious society in which people can be the recipients of lawsuits whether they are at fault or not. If, for example, a friend of your daughter’s borrows the family car and accidentally accelerates when she was intending to brake in a parking lot, the resultant crash through a storefront window…
Private Corporations, Asset Protection, & Tax Reductions
BY Admin | May 24, 2017Not all corporations are created equal. When many people hear the term “corporation,” they often think of a huge business with hundreds or thousands of shareholders and thousands or even millions of dollars in profits. While this is true of some corporations, most corporations in the United States do not fit this description. In fact,…
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