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Are you the only owner of your Limited Liability Company (LLC)? If you’ve done any research, you may have seen all the warnings (charging orders, piercing the corporate veil) about single member LLCs. But the danger isn’t from having one owner - it is from the behavior of that owner. In this video I go over the top 3 single-member LLC mistakes, and how to avoid them!
00:00 Intro
01:44 Mistake #1 - Co-mingling Money
03:59 Mistake #2 - Not Keeping Proper Paperwork
06:13 Mistake #3 - LLC is Not Capitalized
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Legal Disclosure: Elizabeth is licensed to practice in the state of California and before the United States Patent and Trademark Office. Information contained in this video is not legal advice - please seek advice of counsel. This video and description may contain attorney advertising.
Disclosure: My videos may contain reviews, recommendations, testimonials, or endorsements of other businesses, individuals, events, materials (such as books), products, services, or websites. I may receive affiliate percentages on sales; if so, it will say “affiliate link” after the link. I will clearly disclose if I have received a free product, free service, discount, or any other compensation related to a review.
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