To protect myself, can I make my website an LLC, even if I make no money from the site??
Hi,my name is Anne,I did the following:
Question: To protect myself, can I make my website an LLC, even if I make no money from the site??
I have a small but growing website which simply provides information, and there are no sales of anything. I also have a blog. I have written a good disclaimer and terms of service. But, I am very aware, after reading a law website, that certain people have been sued, either for what was on their website, or what they said in a blog. It makes me nervous. I am looking towards making the website an LLC in order to protect myself. Can that work when you make no money from the website, and you are simply a website??? i.e. do you have to be a business to have an LLC?? If an LLC is not the way to protect myself, do I just look at insurance that would cover me if someone claimed that something said was libelous, or injured them??
ANSWER:
Answer by curious george
An LLC would protect you… but I’m not sure if you can form an LLC for something that you do not generate revenue from. The IRS would probably label your website as a hobby if you have no plans to generate revenue so I’m guessing that forming an LLC won’t work.
Do you not advertise at all? In any case, what it comes down to is this: do you have assets? Are you afraid of losing your assets? If so, you need to speak with a lawyer about protecting yourself. Insurance is one idea I’d take a look at.
Good luck!
Answer by Mr B
Defamation and Other “Publisher/Speaker” Torts. Section 230(c)(1) of the Communications Decency Act, passed in 1996, says “no provider or user of an interactive computer service shall be treated as a publisher or speaker of any information provided by another information content provider.”
To date, courts have treated this language as a nearly complete bar against liability for users’ defamatory postings so there really is no need to invest in insurance.
An LLC is a business structure and what you’re describing probably would not be classified as a business.
Answer by dorwin29
An LLC for your website would protect you from any liability.
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