Cincinnati Investment Planning and Other Videos

Will a limited partnership (LP) or limited liability company (LLC) protect my assets?

Category:

certified financial planning

Will a limited partnership (LP) or limited liability company (LLC) protect my assets?

Question: Will a limited partnership (LP) or limited liability company (LLC) protect my assets?

Answer: A Limited partnership or and LLC can possibly protect your assets. The rules are very complex in the state that you are located and you would need to identify whether or not the rules of the state where you are located will give you the protection you are looking for by ownership of a family limited partnership or an LLC.


« Return to Video Lobby

Accountant