If an insurance company gets a judgment against my LLC, is my vehicle and daughters educational IRA protected?

Asked on October 26, 2011 under Bankruptcy Law, Louisiana

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 9 years ago | Contributor

Yes, your vehicle and your daughter's educational IRA--and indeed any other personal assets of yours--should be protected in the event of a judgment against your LLC. The whole point of an LLC, or


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