Co-mingling of assets involves the owner using business resources for personal purposes, or the business using the owner's personal resources for business purposes. Co-mingling is also a primary ... |
In some instances, the small business owner will personally own mixed-use assets, used for both personal and business purposes. Good examples are a home where the owner has a home-based business, a ... |
To avoid court application of the alter ego theory, it is important to separate and document ownership of assets. |