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Will My LLC really protect me from lawsuits?
When helping clients form businesses, often I get asked: "Will my LLC really protect me from lawsuits?" Here's the truth nobody talks about. An LLC creates a legal wall between YOU and your business. But here's what most people get wrong: • They think it's bulletproof armor (it's not) • They assume it protects personal assets automatically • They believe registration alone is enough The reality? LLCs provide LIMITED Liability Protection. Key word = LIMITED. Here's what it actually does: ✅ Shields personal assets from business debts ✅ Protects you from partner's mistakes ✅ Separates business lawsuits from personal lawsuits But here's what it WON'T protect: ❌ Personal guarantees you signed ❌ Your own negligent actions ❌ Mixing personal/business finances The biggest mistake I see? People form an LLC then treat it like their personal piggy bank. They don’t keep good records of money flowing in and out of the LLC account. You MUST: • Keep separate bank accounts • Maintain proper records • Follow formalities • Never co-mingle funds Remember: An LLC isn't a magic lawsuit shield. It's a business structure that requires discipline. The protection is in the PROCESS, not just the paperwork.
Will My LLC really protect me from lawsuits?
0 likes • 17h
@Jose Colon Go to the classroom. Click on Credit Power Part 2B-Credit Powerup Bu😁👍siness
Are you ready to Turbocharge your business?
Are you ready to expedite business funding? Are you ready to Supercharge your credit? Calls every day that can help propel you forward. FREE CREDIT REPAIR UPON ENTRY! Join us in the “Inner Circle”. Get on the fast track to business funding. Let’s Get Funded! https://www.skool.com/100k/about?ref=388020e1932a41bc89d72f691110f1ec
Are you ready to Turbocharge your business?
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Dan Ollman
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3points to level up
@dan-ollman-4226
20 Years Experience as a Business Credit and Funding Coach. Help business owners establish funding tied to their entity and EIN#, not your SSN.

Active 12h ago
Joined Nov 28, 2025
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