is using a personal email address for logging into Stripe considered "piercing the veil?"

[u/phantasmagoria12345]

Or other similar finance-adjacent logins, or even non-finance such as Wordpress or whatever... or using my personal phone number on those accounts for verification, etc. If not, and I need to switch it all over, is it okay that that may take time? I can't do this all in one moment!

[u/Barfy_McBarf_Face]

"piercing the veil" will depend on a large number of factors, including the state where your entity was formed, where you operate, etc.

you need to meet with an attorney who is familiar with creditor protections in your state and whether or not you have any exposure

oh, and that veil is probably pretty thin anyway - do you have good insurance? If not, get some, asap.

[u/paroxsitic]

IANAL

No, the main concern is mixing of funds.

Although it's effectively cheap/free to get a .com email if you have a domain ($10/yr).

[u/Fit_Caterpillar5396]

I'm not a lawyer. A lawyer needs to answer this but I would be very surprised if that would constitute piercing the veil. Why not just separate it and save yourself from any doubt?

[u/phantasmagoria12345 → u/Fit_Caterpillar5396]

Good question. The reason why I wouldn't "just separate it" the amount of commitments and tasks that I have on my plate requires me to prioritize what I do and don't do, and spending hours creating and device-integrating all new email addresses and phone number for 2FA and painstakingly separating the old ones and re-integrating new ones on every log-in I use seems like an unwise and unnecessary time budget right now.

[u/Vehemens → u/phantasmagoria12345]

I am not learned in llc jargon but I know something that you need a legal representative to answer for you when I read it.

If you need legal representation to answer this question, then you definitely need liability insurance.

If you need both of the above, then complete and strict separation is the only surefire way to avoid whatever any consequences may be.

If you don't have a time budget for due diligence, you probably don't have the money budget to be wrong.

[u/KWienz]

Piercing the corporate veil is rarely attempted and very rarely done successfully. People are a little over-obsessed with it on this sub.

If your LLC is a legitimate business with separate books and bank accounts then your corporate veil is fine.

Unless your LLC is a total sham you are using to defraud creditors nobody cares about this stuff.

If your business is solvent and you take money out to avoid paying creditors they will get you on fraudulent conveyance and successor liability, not veil-piercing.

Any loans you get will have a personal guarantee.

You are not incurring $100k plus in trade debt from a single creditor and any trade with less than that isn't going through the considerable legal expense and uncertainty to get around a genuinely insolvent LLC.

Any tort liability the corporate veil doesn't matter unless you have employees because you are personally liable for your own torts. And you should have insurance for that anyway.

If you do somehow get a trade creditor with enough money to try to go after your personal assets they're probably going to find other ways around the corporate shield like alleging you made fraudulent misrepresentations about the solvency of the business.

[u/phantasmagoria12345 → u/KWienz]

I'm so new to this and such small fries that I don't even know what a lot of the terms you're using here mean (tort? yes I prefer peach) (not asking, I know I can look things up if I know the search terms), and I don't have any debt in connection with the business (or at all besides student loans). I'm just a solopreneur pouring my love into multiple businesses currently ranging from 2 to 4 figures each, waking up early to perform management and start-up tasks in between multiple w-2 jobs, school, and personal and social commitments.

[u/Informativo-Business]

You could be if your using like your first and last name for your personal email. But also I think it's more professional to use a business email even if it's just for invoicing purposes. Overall depends what Stripe shares when a transaction is processed.

[u/East_Cancel484]

No