{"id":957,"date":"2017-09-11T21:38:48","date_gmt":"2017-09-11T21:38:48","guid":{"rendered":"https:\/\/barthattorneys.com\/?p=957"},"modified":"2019-01-31T22:53:50","modified_gmt":"2019-01-31T22:53:50","slug":"dont-make-this-mistake-with-your-llc","status":"publish","type":"post","link":"https:\/\/barthattorneys.com\/dont-make-this-mistake-with-your-llc\/","title":{"rendered":"This LLC mistake could cost you your business"},"content":{"rendered":"<p>One very big deal for anyone who owns property or a business is the use of Limited Liability Companies (LLC\u2019s) for asset protection purposes. We live in a world today where if life throws you a curveball, you will probably get sued. Think <strong>car accident, bad real estate transaction, IRS attack, employee\/tenant lawsuit, attack on you from a personal guarantee you signed, liabilities coming from your business partner\u2019s activities, and on and on and on.<\/strong><\/p>\n<p>People use LLC\u2019s for protection. That\u2019s a given. But there is a common mistake people (and advisors) make when setting up multiple LLC\u2019s that can lead to <strong>LESS PROTECTION<\/strong>. It has to do with multi-jurisdictional planning. This strategy is easy to understand yet so many people fail to utilize it and then they get whacked. Why would you spend the time to set up an LLC to protect your assets, then make this simple mistake that could have dire consequences?<\/p>\n<p>Our estate and asset protection expert Brad Barth walks you through the strategy in this week\u2019s Wealth Protector video.<\/p>\n<p><a href=\"https:\/\/youtu.be\/numEn5Osf6w\"><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-medium wp-image-847\" src=\"\/wp-content\/uploads\/2017\/08\/NEW-Wealth-Protector-T.V.-300x169.jpg\" alt=\"\" width=\"300\" height=\"169\" srcset=\"https:\/\/barthattorneys.com\/wp-content\/uploads\/2017\/08\/NEW-Wealth-Protector-T.V.-300x169.jpg 300w, https:\/\/barthattorneys.com\/wp-content\/uploads\/2017\/08\/NEW-Wealth-Protector-T.V.-768x432.jpg 768w, https:\/\/barthattorneys.com\/wp-content\/uploads\/2017\/08\/NEW-Wealth-Protector-T.V.-1024x576.jpg 1024w, https:\/\/barthattorneys.com\/wp-content\/uploads\/2017\/08\/NEW-Wealth-Protector-T.V..jpg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>One very [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":77,"featured_media":906,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/barthattorneys.com\/wp-json\/wp\/v2\/posts\/957"}],"collection":[{"href":"https:\/\/barthattorneys.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/barthattorneys.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/barthattorneys.com\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/barthattorneys.com\/wp-json\/wp\/v2\/comments?post=957"}],"version-history":[{"count":0,"href":"https:\/\/barthattorneys.com\/wp-json\/wp\/v2\/posts\/957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/barthattorneys.com\/wp-json\/wp\/v2\/media\/906"}],"wp:attachment":[{"href":"https:\/\/barthattorneys.com\/wp-json\/wp\/v2\/media?parent=957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/barthattorneys.com\/wp-json\/wp\/v2\/categories?post=957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/barthattorneys.com\/wp-json\/wp\/v2\/tags?post=957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}