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Legal Issues
Do I need a PLLC?
I'm run a single-member Acupuncture business that needs to be licensed and have malpractice insurance. Would spending the money on a PLLC really get me anything? Does a PLLC really help me if I'm the only employee? I still need malpractice, so is there any reason to do a PLLC until I hire employees?

Asked by geweidler
Posted: Friday, March 06, 2009  |  Found in Legal Issues

More answers by Nina Kaufman
Answer by Nina Kaufman
While a PLLC can't shield you from malpractice, it can shield you (personally) from other kinds of lawsuits and judgments. For example, if a patient comes into your office, trips over a chair, and smashes her head on the floor, that's not an issue of malpractice -- that's an issue of personal injury.

If you're not operating as a limited liability entity, any judgment can be levied against you personally. Similarly, if you order several acupuncture tables and don't pay for them, that's a business debt for which you'll be held personally liable without having a PLLC in place. While the decision is ultimately yours, you may want to speak to your accountant, insurance broker and business attorney to properly identify the risks and costs.
Nina L. Kaufman is an award-winning business attorney, author and speaker. For more than 15 years, she has successfully navigated thousands of small businesses through the legal hurdles they face in starting and running their companies. Under her AskTheBusinessLawyer.com brand, she reaches thousands of entrepreneurs and small business owners with her legal services, professional speaking, information products, and LexAppeal weekly ezine.

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