DelMar Law Offices 

Michelle DelMar, Esq.

Free Consultation.

Call: (617) 728-9800

or email Attorney DelMar

 

Corporations      Trademarks      Contracts

Asset Protection

Attorney Michelle DelMar

Focusing on Business, the Whole Business and

Nothing but the Business.

Trademark Attorney, Contract Attorney, Corporation Attorney

Michelle DelMar, Esq., Trademark Attorney, Contract Attorney, Corporation Attorney

 
 
Michelle DelMar, Esq.
 
Small Business Lawyer, Trademark Attorney and Executive Contract Lawyer.
 
Martindale-Hubbell®
Client Review Rating: “Preeminent” (5 out of 5)
 Peer Review Rating:  4.7 out of 5
 
Michelle DelMar, Legal Strategist for Top Growing Businesses, provides information,  guidance and services for small businesses:
 

Taking small businesses From Startup:

to Operation:

and Exit, Sale or Transfer:
 
 

Follow Me

Legal Info for Businesses

Business Checklists

Understanding Agreements

Want to Discuss your Business Issues? Click here to speak to Michelle Grenier and/or schedule a consultation.

Subscribe to our blog

Michelle DelMar, Esq.

Business Lawyer, Trademark Lawyer and Executive Contract Lawyer

Protecting Your Assets from Business Activities

  1.  GENERALLY

When starting a business you should consider taking steps to protect your personal assets, including your home, from business creditors and other business claims.  First, consider creating a separate legal entity under which you will conduct your business, e.g. INCORPORATE, set up a LIMITED LIABILITY COMPANY, etc.  Second, consider non-business protection options such as, filing a DECLARATION OF HOMESTEAD (if applicable in your jurisdiction) for your home.

  1.  CREATE A SEPARATE LEGAL ENTITY

By creating a separate legal entity (e.g. Corporation or LLC) under which you will run your business, you will reduce the risk and exposure to personal liability for most acts or omissions of the business.  You will remain personally liable for some acts, e.g. gross negligence and other intentional and fiduciary duty acts.  However, by running your business as a separate legal entity, you will greatly reduce your exposure to liability. Click here for more information on separate legal entities.

III.  DECLARATION OF HOMESTEAD

In addition, if applicable in your jurisdiction, consider filing a DECLARATION OF HOMESTEAD at the Registry of Deeds.  Click here for more details regarding Declaration of Homestead.

Concerned about Protecting Your Assets and want to discuss with an Experienced Business Lawyer?

Click here for a Consultation.

  1. Some jurisdictions do not recognize the filing the Declaration of Homestead.     Consult an attorney regarding your specific situation and jurisdiction.
  2.   Filing fees and statutory protection is subject to change.  Consult an attorney   regarding your specific situation.

  Click here to schedule a consultation with Michelle L. Grenier, Esq.,

Copyright (c) 2011-2012 Michelle L. Grenier, Esq. All rights reserved.

Tags: trademark registration, intellectual property rights, trademark, trademark lawyer, trademark law, trademarks, intellectual property, trademark attorney, Intellectual Property agreement, license trademark, license intellectual property

Similar posts
  • Confidentiality Agreement ChecklistCONFIDENTIALITY AGREEMENT CHECKLIST Checklist for Confidentiality Agreements ( NDA ) Consider the following important subjects to be addressed in Confidentiality Agreements.   To learn about When Do I need a Confidentiality Agreement?, click here. 1.            Full names and physical address of [...]
  • Why do I need a Confidentiality Agreement?WHY DO I NEED A CONFIDENTIALITY AGREEMENT?      The Simple answer to the question, "Why do I need a Confidentiality Agreement (or NDA)?" is, "BEFORE YOU DISCLOSE ANY PROPRIETARY SECRET."  If you don't want someone else to use the information that you are disclosing, get their promise not to [...]