As an attorney, I have been incorporating small businesses in Connecticut for 20 years. The corporate shield does not protect your personal assets in all situations at least here. It will protect you in most contract breach claims provided the proper formalities have been observed. It will not protect from liability arising from tortious conduct (negligence) in which you personally involve yourself. I routinely sue corporate officers on a negligence or fraud theory as an alternative to corporate liability for contract breach. It is best to incorporate or form an LLC as a shield against contract breach claims and to obtain e&o insurance to protect your personal assets against negligence claims. In the case of intentional torts in which one personally involves himself
niether incorporating nor e&o insurance is going to provide any protection under Connecticut law

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