Asset Protection

We’re getting an au pair and she will be driving a car that I own. I will be paying for the insurance. I’m assuming that she will crash my car at some point. 1. Does setting up an LLC and registering the LLC as the owner of the vehicle do anything to limit my personal liability? Do I list my home address as the company address? 2. How does insuring the vehicle work? I ideally wouldn’t want to have her under my plan. If this is a “company vehicle” can we have multiple registered drivers... Read more
Source: Student Doctor Network - Category: Universities & Medical Training Authors: Tags: Emergency Medicine Source Type: forums