Are your LLC managers taking all reasonable measures to prevent veil piercing?
One of the principal legal benefits for business owners and real estate investors in using LLCs to conduct their businesses and hold their real estate is the limited liability shield provided by LLC statutes to LLC members and managers. This shield protects the personal assets of these members and managers from being at risk for debts of the LLC and the business assets and real estate the LLC owns. This white paper reviews what to do if the courts pierce the veil and how your managers should respond.
Agenda
Faculty
Jeffrey R. Matsen, Esq.
Bohm Wildish & Matsen, LLP
- Founder of Matsen Law and “of Counsel” to Bohm Wildish & Matsen, LLP
- Practices encompasses Business Formation and Transactional Matters, Estate Planning, Asset Protection, Probate, Tax & Real Estate
- Designated on the Nation’s “Top 100 Attorneys” by Worth magazine and one of Southern California “Super Lawyers” by Los Angeles magazine. Achieved the highest rating with Martindale Hubble Law Director and AVVO
- Frequent speaker and author of numerous publications. Author of the ABA Publication The ABA Guide to Asset Protection Planning
- J.D. degree, with honors, University of California Los Angeles; B.A. degree, cum laude, Brigham Young University
- Can be reached at 714-384-6580
Ben Schwefel
Bohm Wildish & Matsen, LLP
- Associate attorney with Bohm Wildish & Matsen, LLP
- Practice focuses on estate planning and assisting business owners and high net worth individuals to protect their assets, decrease their tax liabilities, and plan for future generations
- Represents fiduciaries in complex probate, trust administration, and trust litigation matters
- An active member of the Trust & Estates Section of the Orange County Bar Association, the Orange County Chapter of the USD Law Alumni Association, and The Elite OC – Young Professionals Giving Back
- During law school, he received the Albert and Mae Lee Memorial Scholarship, recognizing strong scholastic ability and outstanding moral character; served as the comments editor for the San Diego Journal of Climate & Energy Law; and wrote a student comment selected for publication , 6 San Diego J. Climate & Energy L. 247 (2015)
- J.D. degree, University of San Diego School of Law; undergraduate degree, University of California, San Diego
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