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How do I operate under my LLC when using my own name?

Discussion in 'Business & Tax Advice' started by undeadlink, May 26, 2009.

  1. undeadlink

    undeadlink Newbie

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    How does LLC liability protection work if I'm operating under my own name?

    I have accounts that I setup under my own name before I formed an LLC... these accounts are still making me money, but I can't change the contact info on them. They're also paying to my personal PayPal.

    Is there any way to legally place this activity under the liability protection of my LLC, without changing the name I'm operating under on the account?
     
  2. RandR

    RandR Registered Member

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    You can't change the PayPal payment email on those accounts still making you money?
    If you can't I would either try contacting the networks where you want your information changed or upgrade your PayPal account to a business account.
     
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  3. innocent

    innocent Junior Member

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    Yes....just open up a new bank account under LLC ownership, and edit your Paypal to deposit to the new account. The "liability protection" you are seeking is then fulfilled as the money in that LLC bank account is protected under the LLC.

     
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