Operating a properly registered and maintained Limited Liability Company (LLC) generally shields your personal assets—such as your home, personal bank accounts, and personal vehicle—from business liabilities, debts, and lawsuits. However, this corporate veil is not absolute; you can still be sued and held personally liable if you engage in personal wrongdoing, commit fraud, provide direct professional negligence, personally guarantee a business loan, or fail to maintain proper corporate separation by mixing personal and business funds.
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