LLC Asset Protection

 


Limited Liability Companies are relatively new to the world of corporate entities, having been introduced in the 1970s to make a corporate structure that had the advantages of a partnership, without the drawback of twofold tax collection. Today, LLCs carry the majority of benefits that S-Corp or C-Corps offer, but without these entities’ confinements or double taxation policies. The purpose of the Limited Liability Company is to essentially compartmentalize risky assets (think: land, rental properties, watercraft, and aircraft) with safe assets held by the AMLP.

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My experience with Weatherby & Associates far exceeded my expectations. I remortgaged my home and showed my Estate Planning book to other law firms and they said they were the finest set of documents they have ever seen. Read More
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