It is important to maintain the legal separation between yourself and your limited liability company in order to protect your personal assets from potential liabilities of the business.

This means that you should not commingle personal and business funds and should avoid using the LLC's assets for personal purposes. It is also a good idea to maintain separate bank accounts for the LLC and to keep accurate and thorough records of the business's financial transactions. Additionally, you should ensure that you are acting as a representative of the LLC in all business transactions, rather than on your own behalf, to further reinforce the separation between yourself and the LLC.

DISCLAIMER: please note that the information contained in this video is for educational and entertainment purposes only. You should always consult your own attorney and your own financial and tax advisors before making any legal or financial decisions. This video is not intended to and does not create any attorney-client relationship between the content creator and the viewer. The views and opinions expressed in this video belong solely to the creator and do not reflect those of his law firm or any of his business partners.

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