Legal Question in Business Law in Illinois

Re: how to safeguard my company?

Some of your assumptions may not be accurate. To "get" your shares, if you will, a plaintiff (or judgment creditor, to be more precise) must be able to "pierce the corporate veil" of your corporation, a process too involved to go into in this forum. There are numerous ways to protect assets, but, once again, this formum is to answer general questions with only limited space.

An experienced business attorney should be able to help you achieve your goals.

-- Kenneth J. Ashman; www.AshmanLawOffices.com; [email protected]

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Re: how to safeguard my company?

Are you expecting to get sued? Be sure to avoid the fraudulent transfer of the corporation's assets as an attempt to dodge a judgment creditor.