Sentences with phrase «protect the personal assets of»

And in the field of business law, George Bellas has created the Corporate Maintenance Plan ™ that protects the personal assets of business owners by insuring that the corporate structure is preserved and creates a unique relationship between the business owner and their lawyer by creating a long term relationship with a lawyer that understands a business owner's unique needs.
Many Louisiana companies are set up as an LLC or a corporation to protect the personal assets of business owners if the company is sued for liability.
Many companies are set up as an LLC or a corporation to protect the personal assets of business owners if the company is sued.
However, these corporate business structures are designed merely as a way to protect the personal assets of business owners from liability expenses incurred against the company.
However, these business structures are designed only to protect the personal assets of business owners if the company is sued for liability.

Not exact matches

Entrepreneurs like limited liability companies because they protect owners from having their personal assets seized by creditors of the business.
Defining the Benefits A major advantage of organizing your business as an LLC or an S corp is that you can protect your personal assets from the creditors of your business.
In the United States, more than 2.4 million small businesses are set up as a limited liability company (LLC) for the purpose of limiting personal liability and protecting the owner's personal assets in the event of business failure.
I've spent so many years (and a lot of time and money) building my personal brand, my credibility and my reputation, that I consider it my single most important asset and I would do anything to protect it.
Not only will this make you legitimate in the eyes of clients, but incorporating makes it easier to raise capital, protects your personal assets and provides tax benefits.
So channel as much of your income as possible into legally protected personal assets such as a 401 (k) plan and college savings accounts in your children's names.
Though you may lose some of your tangible assets if you are unable to repay the loan, you won't lose strategic control of your business; provided you legally protected your personal assets.
Finally, because investors often take a seat on the board of the companies they invest in thus becoming a director, these investors will require the coverage be purchased in order to protect their personal assets and the assets of the investment fund they represent and invest through.
In general, armed security companies are employed to protect items of significant value or sensitivity, such as financial assets, critical documents, personal valuables, or important individuals.
That way, the individuals» legal costs are covered and their personal assets protected if they're not found guilty of criminal activity.
By submitting information to us you acknowledge, consent and agree that United Way of the Southern Tier, Inc., may access, read, preserve and disclose the personal information you provide to us as a donor, along with your usage history, submitted messages or data and similar information regarding your use of the website in order to: (a) comply with any applicable law, regulation, legal process, or governmental request; (b) detect, prevent, or otherwise address fraud, security, or technical issues; (c) respond to your requests for customer service; (d) protect the rights, property, or personal safety of United Way of the Southern Tier, Inc., its visitors, or the public, (e) where we sell any or all our business assets; or (f) as otherwise set forth herein.
This is especially important if you are married, have children, a business, or have a lot of personal assets... you are protecting those things and making sure your wishes are met after your passing.
A sole proprietor's personal assets are not protected and can be seized / forfeited to cover any debts of a failed company.
The amount of coverage you need depends on several factors including the value of your home, belongings and the personal assets you want to protect.
The whole theme of his first few books was to take risks in real estate and other investments, but incorporate so you can protect your personal assets in case your risks don't turn out.
For just pennies a day, your family can be protected against the risk of loss to personal property as well as the risk of loss of assets due to a liability claim.
Professionals such as physicians and attorneys routinely carry large malpractice insurance policies to protect themselves and their personal assets against losses related to their line of work.
The most obvious candidates for personal liability insurance are people that own a business, have significant assets to protect, or that face the risk of lawsuits.
As mentioned earlier, secured personal loans are those types of loans that are protected by collateral or an asset of some sort.
Being a homeowner in this market is risky enough, but to fail to protect one of your biggest personal assets is to ask for financial calamity.
# 4 is a little more abstract, though I see you have an LLC taxed as a sole proprietorship, and so I'm guessing protecting your personal assets may have been one of the driving reasons you formed the LLC in the first place.
In a personal bankruptcy, also known as «individual bankruptcy» there are exemptions that allow you to protect a certain amount of assets.
A financial adviser can help you with a range of money matters, from personal budgeting and investing, to planning for retirement and protecting your assets with appropriate insurance cover.
To really feel secure about protecting your assets and your future, you may need the extra level of protection provided by a personal umbrella liability insurance policy.
If you're not protected by the right type of insurance, both your business and personal assets can be at risk.
Standard homeowners and auto insurance policies generally cover personal liability, but you may not have enough coverage to protect your income and assets in the event of a high - dollar judgment.
More importantly, having a business entity may protect your personal assets in the case of professional failure.
Filing an Articles of Dissolution takes just a few minutes and helps protect your personal assets.
Take advantage of our crime prevention programs to help you protect your personal assets and build a safer business environment for you and your employees.
Incorporation isn't just for people looking to start a large - scale company; incorporation can benefit all sizes of businesses by protecting your personal assets and making it easier to get loans.
Regardless of your business type incorporating your business is a smart move towards protecting your personal assets.
Implementing safeguards to protect your personal assets from the threat of forfeiture, garnishment, or seizure is crucial to successful planning.
If you haven't incorporated your business already, we highly recommend that you do so in order to protect your personal assets in the unfortunate event of a lawsuit or unpayable business debt.
We provide personalized advice to help you protect your business and personal interests through the coordinated integration of succession planning, tax optimization, asset protection and estate planning.
Sometimes, the Personal Representative will have a hard decision to make: follow the black letter of the Last Will and Testament regarding the special needs of some assets versus other assets, in order to protect the overall value of the estate and, ultimately, the inheritance of the beneficiaries and the debts owed to creditors.
In addition, Equal Justice Works may disclose information we maintain (A) if in good faith we believe that such disclosure is necessary to (1) comply with the law or legal process; (2) protect and defend our rights and property; (3) protect against misuse or unauthorized use of the Web site; or (4) protect the personal safety, property, or rights of our users or the public, or (B) in connection with a corporate transaction, such as a divestiture, merger, consolidation, or asset sale.
We can also talk about different devices and vehicles to protect assets and seize or preserve assets of the accused defendants in your personal injury case.
Being that I plan to run from my home, what type of legal entity is recommended to protect my home and other personal assets, or is this not at all recommended?
Personal property coverage to protect your things, liability coverage to protect your assets, and loss of use coverage in case a covered loss requires you to stay elsewhere temporarily are all standard on policies from Effective Coverage.
While the primary purpose of insurance is to cover car damage and personal injuries, it has an equally important purpose of protecting your financial assets.
Personal liability coverage protects your assets in the event of financial liability or lawsuit.
Instead, an umbrella insurance policy, also called personal umbrella coverage or umbrella liability, protects an individual and their assets from a whole host of personal injury claims that could be related to auto, property, or liability from public behavior.
Typically, your policy's coverage should at least match the total value of your personal assets in order to adequately protect them.
Also known as an umbrella liability policy, it protects you against personal liabilities — such as dog bites — that could impact a substantial portion of your assets.
For just pennies a day, your family can be protected against the risk of loss to personal property as well as the risk of loss of assets due to a liability claim.
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