By clicking “Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information or to change your preferences.
How do I protect my personal assets from LLC business debts?
LLC assets are separate from partners' personal assets. This means that if there was a lawsuit against the company, it would be solely responsible. In other words, the company’s assets would be the only ones affected, and not those of the partners.