User:RaeannMcfarlin517

The corporate structure of your business will give shelter for your individual assets. There are a number of events that will result in a judge to disregard the corporate entity or "pierce the corporate veil." There are a number of factors why the corporate veil may possibly be pierced. There are also a number of simple actions you can do to avoid the corporate veil from being pierced.

The corporate veil can be pierced if a party is tricked or misled into dealing with the corporation rather than an individual. Whenever the corporation does correspondence with a third party, the officers and directors of that company need to make it clear that they are acting on behalf of the corporation and not themselves individually. All the documents need to have to clearly be entered into on behalf of the corporation otherwise there may possibly be a conflict that could arise that would pierce the corporate veil.

kids kissing