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Limited Liability Company Form

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here's why you may lose all your protection in your LLC and this is what you can do about it so first the reason why LLC offers protection is because it's considered its own thing its own identity separate from you therefore in theory when the LLC screws up they're going after the LLC not you since the LLC is its own identity so they can go after you when it's called piercing the corporate veil and this is how it's done one common way is comingling your assets you know you maybe you're pitting your personal assets and inside that llc's bank account maybe you're taking the money in the llc's bank account to pay in your PG Bill can't do that remember the LLC is supposed to be its own entity other reasons includes for example you don't keep Assets in the name of the LLC maybe your company tractor is in your name instead of the name of the LLC for example another one maybe you don't have separat

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