My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Starting a Business

How to Legally Protect Your Home If Your Business Is Sued

Of all the personal assets to protect in case your business gets sued, your house should be among the most important. Here, attorney Mark Kohler offers five legal factors to keep in mind:

1. Make sure you're operating your business as a proper legal entity.
2. Be mindful of any personal guarantees you sign on behalf of your business.
3. Familiarize yourself with the homestead exemption in your state. It could help protect your home.
4. Also know the "tenancy by the entirety" rule. In about 20 states, it says that no matter what happens to your business, you can't lose your home if you are married, he says.
5. If you have a considerable amount of equity in your home, consider an equity-stripping strategy to protect it.

4 Reasons Why You Should Start a Business When You're Young