How to protect your personal assets while doing your corporation´s work
(WorldNews Business)

Most business people know that a corporation is a separate legal entity, and that corporate law holds that employees, officers and directors are not personally responsible for the debts of the corporation. But there are some key exceptions to that rule. Entrepreneurs generally incorporate for tax purposes and to be protected from personal liabilities. Starting a new corporation or becoming a director or officer is an exciting time, as individuals are focused on turning a new business venture, invention or idea into the next big thing. Too often, in all that excitement, newly minted directors and officers forget to actively consider how they should protect their personal assets from potential...