When Businesses Don’t Protect You: Personal Guarantees, and Piercing the Corporate Veil

Many business owners believe that forming an LLC or corporation automatically protects their personal assets. This seminar explains - in plain language - when business owners might still be held personally responsible for business debts, including situations involving personal guarantees and when courts may “pierce the corporate veil.”  Participants will learn how these protections can break down, what actions increase personal risk, and how business decisions and guarantees can unintentionally expose personal assets. The goal is to help business owners better understand where liability begins, where it ends, and how to avoid costly surprises.

This presentation will be led by Lisa Thompson of Thompson Law, PC.

To register, use this link.

*PARTICIPATION POLICIES*

By registering, you understand the following:

• The presenter is not giving you legal advice

• There is no client-lawyer relationship between you and the presenter

• Nothing is confidential that you say to the presenter

Participants should:

• Ask general legal questions. Do not include specific information like names, dates, case numbers, or any other personal information.

• Ask questions that are on-topic. If you ask a question that is not related to the Legal Talk topic, the presenter will not be able to answer it.

• Act with respect and courtesy towards presenters, facilitators, and other participants at all times.