Tell me about a time when your LLC saved you...

[Natalie Kolodij]

We always hear about needing LLCs, Several LLCs, Heck- put every property in an LLC.

I've never seen the flip side of that. 

I want to hear stories of when your LLC actually protected you and how?

[Jay Hinrichs]

for most people on this site that set up single member LLC or Hubby wife.. they offer ZERO protection.. if your going to be sued you will be sued personally.. been there done that and i have never seen a judge rule that the plantiff could only go after the LLC etc.. however if you have unrelated parties in a true business set up.. the members that are not out there doing the business can be insulated but if your the manager and leading the charge your going to get named personally. Bottom line