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A comment on On Incorporation - Hold Off Until You Have The Cash To Spare. Parent comment

Re:On Incorporation - Hold Off Until You Have The Cash To Spare by natch on Monday February 22, 2010 @05:14PM (#1143896)
Wouldn't a personal umbrella policy cover this, for a sole proprietorship?
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Re:On Incorporation - Hold Off Until You Have The Cash To Spare by jsiarto on Monday February 22, 2010 @06:09PM (#1144024)
It might cover you financially--to an extent. But they'd still be suing you, personally and not your company. As an owner/partner in a corp or LLC you have full legal separation from your company (so long as you are running it legally) and can't personally be held liable.
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