Incorporating is a good way to protect your personal assets from claims against your business. However, in order to get this protection, you have to not only incorporate your business, but you also have to operate your business as a separate legal entity. For example, you should prepare Shareholder and Board of Director minutes, open a separate bank account in the name of the corporation, use stationary and business cards that make it clear that you are doing business as a corporation, enter into contracts in the name of the corporation, etc. In addition, many States limit a professional’s ability to insulate himself or herself from professional malpractice by forming a corporation.