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Investing & Wealth Stewardship · Lesson 10

Asset Protection & Entity Structure

How families use LLCs, holding companies, and other structures to protect what they’ve built and separate risk from personal wealth.

Ages18–25Runtime to be confirmed

About this lesson

When a side hustle is just you, a lawsuit or a bad deal can splash onto the car and the savings. An LLC is a legal boat: the venture lives inside it, so a bad day sinks the boat, not the person on the dock. Limited liability is what lets ordinary people afford to try.

What you’ll learn

  • A venture needs its own boat once revenue and risk get real.
  • Open a separate account before any filing. Separation of money is the habit that makes the paperwork work.
  • Insurance is the lifejacket, not the boat.
  • Read your state's filing page before you pay anyone to do it for you.

Skills your family will build

Risk managementPlanningResponsibilityOrganization

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