AB Law Blog
3 Ways to Ensure Your Company’s Corporate Veil is Never Pierced
Setting up your business as a corporation or limited liability company (LLC) is a crucial way to protect your personal assets from debts and other liabilities incurred by your business. The ability of a corporate entity, such as an S Corp or LLC, to separate and safeguard your personal assets is often referred to as creating a “corporate veil.”
To ensure your personal assets are safeguarded from liabilities incurred by your company, here are three key ways to help keep your corporate veil intact…
How to Protect Family Heirlooms from a Family Feud
The passing of family heirlooms from one generation to another should be a welcome tradition in most families, but unfortunately, this process can cause long-lasting family rifts. In fact, you may be surprised to discover that far more family conflicts happen as a result of “things” than money. If you don’t want that to happen in your family, here’s what you can do as part of your estate planning…
Estate Planning 101: Wills vs. Trusts
What’s the difference between a will and a trust? Both are useful estate planning tools that have different purposes, and both can work together to create a complete estate plan. Often only a will is created which is only effective after death and leaves the family in court and conflict…
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