Understanding the General and Limited Liability Legal Benefits of an LLC and Situations Where Limited Liability Can Be Revoked
By Brian Figeroux, Esq. | Editorial Credit: Zhanna Hapanovich / shutterstock.com To maintain the protection of limited liability, LLC members must follow certain best practices, including keeping personal and business finances separate, maintaining adequate capitalization, operating ethically and lawfully, and avoiding personal guarantees. The Limited Liability Company (LLC) is one of the most popular business […]