Built Backwards™
FreeLawSchool™
Most LLCs Were Built Backwards
The LLC shields you from its debts. It does not shield it from yours.
Take the 12-Point Test.
Built Backwards™
The 12-Point LLC Test
For New and Operating LLCs
A free, printable self-check
Twelve statements, checked by you, on paper. Learn to self-identify where a personal lawsuit, a personal debt, or a guarantee you signed could reach what your business owns.
Most owners do not find the gap at formation. They find it when a claim arrives from outside the business.
A car accident, a personal debt, a divorce. None of them start in the business, yet each can reach your ownership of it. The question is not whether you have an LLC. It is what sits above it.
Educational only. Not legal advice. Not a substitute for the advice of an attorney.
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