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Can an LLC provide asset protection?

asset protection LLC
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Can an LLC provide asset protection?

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Yes. A member of a properly formed and maintained LLC is not liable for the debts, obligations and torts of the LLC. However, it is important to remember that the owner (member) of the LLC is liable for his own debts, obligations and torts. Further, the owner (member) of the LLC is answerable for his criminal acts.

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