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  2. Will an LLC Protect My Personal Assets? - AOL

    www.aol.com/llc-protect-personal-assets...

    Setting up a business as a limited liability company (LLC) can protect the business owner's personal assets from being claimed by business creditors. An LLC creates a shield between business ...

  3. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    A series LLC is a special form of a limited liability company that allows a single LLC to segregate its assets into separate series. For example, a series LLC that purchases separate pieces of real estate may put each in a separate series so if the lender forecloses on one piece of property, the others are not affected.

  4. Limited liability - Wikipedia

    en.wikipedia.org/wiki/Limited_liability

    Although a shareholder's liability for the company's actions is limited, the shareholders may still be liable for their own acts. For example, the directors of small companies (who are frequently also shareholders) are often required to give personal guarantees of the company's debts to those lending to the company. [5]

  5. Privatization in the United States - Wikipedia

    en.wikipedia.org/wiki/Privatization_in_the...

    Outright sale of public assets to a private company. In the United States, the contracting of management and operations to a private provider (outsourcing) has been more common than the sale of utility assets to private companies. No major U.S. city has sold its utility assets in recent decades, although some smaller water utilities have done ...

  6. Texas two-step bankruptcy - Wikipedia

    en.wikipedia.org/wiki/Texas_two-step_bankruptcy

    A fraudulent transfer is an illegal attempt to avoid paying a debt by transferring money to another person or entity. Critics have argued that a Texas divisive merger meets the definition of a fraudulent transfer when done in preparation for bankruptcy, because the divisive merger causes the spin-off to become insolvent (unable to pay its debts ...

  7. The Great Wealth Transfer: Experts Share How Women ... - AOL

    www.aol.com/finance/great-wealth-transfer...

    As women are projected to control a third of total U.S. household financial assets -- more than $10 trillion -- over the next decade, significant sums of money are expected to change hands, largely...

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