Personal vs company asset separation — corporate veil only works if separated

🎯 Why it matters

LLC / corp corporate veil protects personal assets — only if you maintain separation. Mixing = pierce the corporate veil → personal liability exposed. 1 lawsuit + pierced veil = personal bankruptcy risk.

📊 ROI highlights

• Strong corporate veil = personal assets protected
• Tax-separated = clean annual filing + audit-ready
• Mixing risk: 1 pierce = personal bankruptcy risk

⚠️ Common mistakes

• Using personal credit for company expenses (short-term cashflow)
• Using company bank funds directly for personal expenses
• Mixing contract names: personal vs company

✅ Action checklist

• This month: open company-dedicated bank account + credit card
• All company expenses → company card
• All contracts → company name (not personal)
• IP transfer: all prior work → assignment to company entity
• Annually: CPA reviews filing — ensure separation maintained