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If you owned a business what would be the way to protect your personal assets from liablity?
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If you owned a business what would be the way to protect your personal assets from liablity?

User Rob Wilson
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8 votes

Answer:

When you form an LLC, you establish a new business entity that's legally separate from its owners. This separation provides what is called limited liability protection. As a general rule, if the LLC can't pay its debts, the LLC's creditors can go after the LLC's bank account and other assets.Sep 4, 2020

User Moises
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