Hello and thank you for your question today.
A corporation, regardless of what kind, LLC, S Corp or C Corp, will all protect you personally from things the business does. For example, your husband is a real estate broker so he probably has an office where clients come to, if someone were to slip and fall they could sue you. But if you were incorporated they could only sue your business and not you personally.
The main differences for the different types of corporations is for tax purposes. You should consult a CPA to determine which one works best for you.
Now, protecting your assets from personal debt is different. Incorporating will not protect your assets from personal debt like credit cards. Retirement accounts like 401ks
and IRAs are the best way to protect your retirement money. The business itself is an asset that creditors can go after.
I think this is the information you wanted to know. If you have any other questions or need clarification on any part of my answer please let me know.
I hope you found my answer helpful, and if so please do not forget to click ACCEPT or RATE MY ANSWER, this is the only way that I will get credit for assisting you– I receive no credit for helping you unless you actually press ACCEPT or RATE MY ANSWER, even if you already have a subscription. If you feel that I went an extra step to help you, a bonus in the form of another accept or an “add on” (available after you accept) is truly appreciated.
If you would like to ask me a question in the future you can go directly to my profile and ask your question there.
Thank you HCLegal