The corporate veil protects your personal assets from your Limited Liability Company's (LLC’s) creditors and liabilities. If someone sues your LLC and pierces the corporate veil, that creditor may be able to seize your personal assets. This short provides some best practices to keep your veil intact and help preserve the asset protection of your LLC.

LLC owners don't let them pierce the corporate veil your LLC is a separate entity responsible for its own debts and obligations to keep your Veil intact you must follow best practices including one keep the llc's finances and assets separate from your own two always keep enough funds in the LLC Bank account for at least 3 months of business expenses three document all transaction c s and keep the records four clearly State when you are acting on behalf of the LLC with third parties five follow state law regarding LLC operations and regular public filings and fees six have an operating agreement and follow it seven don't try to defraud or cheat anyone with your LLC these best practices will strengthen the asset protection of your LLC English (auto-generated)