Personal Liability Archives

Ronald C. Iacone Jr., Esq. In Asset Protection

Response to Attorney Question: Multiple LLCs

An attorney question came across my desk the other day and I thought I would share my response with the collective. She queried whether multiple LLCs or a single LLC was most appropriate to hold her client's rental properties, and…

Ronald C. Iacone Jr., Esq. In Asset Protection

LLCs as Creatures of Contract: Don’t Overestimate this Legal Fiction

I recently sat down with a nonprofit to discuss the asset protection tenets of LLCs, among other things, and was particularly intrigued by where our conversation headed. It was a smart group, to boot, so I took them on a ride all the way…

Ronald C. Iacone Jr., Esq. In Asset Protection

The LLC Is No Magic Carpet | Personal Liability

I'm consulted quite frequently on the efficacy of using an LLC to protect oneself from personal liability. I find that most people, including prospective clients and their advisors, believe the LLC to be the magic carpet that will carry them far, far…

Personal Liability

Response to Attorney Question: Multiple LLCs

LLCs as Creatures of Contract: Don’t Overestimate this Legal Fiction

The LLC Is No Magic Carpet | Personal Liability

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