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How to Protect Your Business From Creditors and Predators

By Nina Kaufman, Esq.

Listen to the Episode Below:  There’s a personal side to business planning that often gets overlooked. Would your spouse be on the hook for the business decisions you make? Will your kids get roped into a lawsuit if you die unexpectedly? How can you make sure you’re not vulnerable? In this episode, family and asset protection attorney Natalie Elisha, Esq., identifies the simple steps business owners can take to protect their business from creditors, “predators,” lawsuits and taxes.   How to Protect Your Business From Creditors and Predators… Take inventory. What do you have? What is it worth? What are the passwords (especially for digital assets)? When you know what’s involved, you can make a better plan. Use your business entity properly. If you’re using your own name (not the company’s) on a business bank account, it’s vulnerable to creditors. Consider setting up a trust. This can protect your personal assets–including all the hard-earned money you get from working in (or selling) your business. It also provides a foundation for creating your legacy so those assets…

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Nina Kaufman

Flying solo doesn’t have to mean going it alone.

I’m Nina Kaufman.

I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.

With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.

And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.

I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.