Can I Use an LLC to Protect My Personal Assets? Maybe...

We are often asked, "Can I open an LLC for my personal assets and protect them from creditors?"

Simply putting assets into an LLC does nothing. You must carefully structure the arrangement for asset protection purposes; otherwise, an aggressive creditor can easily dismantle the structure.

This video examines the Family Limited Partnership structure and how it protects the families and safeguards assets.

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DISCLAIMER: The information provided in this video may contain information about tax, financial, and legal topics. Such materials are for informational purposes only and may not reflect the most current developments. These informational materials are not intended, and should not be taken as tax, financial, or legal advice. You should contact an advisor to discuss your specific facts and circumstances. Self-help services may not be permitted in all states or jurisdictions. The use of these materials does not create an attorney-client or confidential relationship. This video does not include information about every topic or issue related to these informational materials.

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