4 Tips for Protecting the Corporate Veil Here's how to keep your business out of legal trouble.

By Mark J. Kohler Nov 30, 2016

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Mark Kohler discusses how to protect yourself in a corporation or LLC.

Protecting the corporate veil is vital to prevent yourself from being sued personally in matters related to your business. In order to help you prevent any issues with the law, Kohler shares four suggestions.

From meeting minutes to bylaws, filing corporate records for everything into a record-keeping book is crucial. At the end of every year, you should hold an annual meeting to update these documents.

Using the company name on all documents, marketing materials and legal agreements is also important. It lets people know that the company is doing business, rather than just you alone. In addition, making sure that your company is on title for any assets or equipment the company owns will help you avoid any legal trouble.

To learn more about protecting yourself, play the video above.

Watch more videos from Mark J. Kohler on his YouTube channel.

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

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Mark J. Kohler

Entrepreneur Leadership Network® VIP

Author, Attorney and CPA

Mark Kohler, M.PR.A., C.P.A., J.D., is a highly respected Founding and Senior Partner at KKOS Lawyers, specializing in tax, legal, wealth, estate, and asset protection planning. With a reputation as a YouTube personality, best-selling author, and national speaker, Kohler is dedicated to guiding clients through complex legal and financial landscapes to achieve their American Dream. He also serves as the co-founder and Board Member of the Directed IRA Trust Company and has launched the Main Street Certified Tax Advisor Program to train CPAs and Enrolled Agents nationwide. As the co-host of The Main Street Business Podcast and The Directed IRA Podcast, he simplifies intricate topics like legal and tax strategy, asset protection, retirement, investing, and wealth growth. Mark Kohler's commitment to helping entrepreneurs and small business owners attain success and financial security has made him a trusted expert in the field, benefiting countless individuals and businesses in navigating the financial and business world with confidence.

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