What’s important to understand here as it relates to you protection and privacy is that assets titled to Limited Liability Company, Limited Partnership, or Trust are deemed the property of the entity itself, not that of the individual owners, members, or beneficiary. The legal importance of this arrangement is that generally claims or actions against the business shield the owners from creditor claims and legal actions against your individual private interests. While at the same time, any action against you personally for whatever reason cannot affect anything assigned to the business or Trust; providing a sort of built in double edge protection.