Broker Check
Rob Hudson, CExP, CLTC®
Rob Hudson, CExP, CLTC®
Westshore Financial Group Financial Advisor/Managing Associate/Certified Exit Planner
https://www.westshorefinancialgroup.com/rob-hudson (813) 289-3632

Dedicated to managing your risk by providing the protection that you need to have confidence in your financial future.

I am a trusted advisor to many, working with business owners and in advanced markets, specifically medical, legal, and with highly compensated sales professionals. My clients understand that a one-size fits all approach to planning and investing may not create favorable financial outcomes. I believe that my unique approach to goal planning, combined with past experience and expertise in the markets I serve, enable me to provide tailored solutions to my client’s financial problems that help lead them to their goals.

An alumnus of The University of South Florida with a BS in Economics, I am a fourth generation Tampa native with deep roots in the community. I am also a proud graduate of Tampa Jesuit high school. My grandfather, Frank Llaneza, was regarded as a pioneer in the premium cigar industry and a pillar of the Tampa community. My father is a disabled CPA, so I have a thorough understanding of the importance of protecting and managing cash flow.

I entered the financial services industry in 2008, and joined Guardian Life and Park Avenue Securities in 2012, where I was awarded the agency's first Centurion Award. I have been featured in a number of publications, am a member of the Coastal Conservation Association, The Westshore Business Alliance, and the Million Dollar Round Table. I am also proud to be a representative in The Tampa Jesuit Alumni Council, as well as a preferred financial wellness provider for physicians-in-training through HCA East and West Florida teaching hospitals.

I come from a family of outdoors enthusiasts, am an avid fisherman, and regularly compete in professional tournaments. I've even managed to win a few. Ask me about the fishing tournament when I won a brand new boat!

 

Video: Personal finance is like fishing! Video: Risk Management for Attorneys Video: Protecting your Business

Tips to protect your LLC

Money Read Time: 2 min

Establishing your business as a Limited Liability Company, or LLC, is a powerful way to segregate your personal assets from those of the business.

Unfortunately, those protections are not limitless. If you personally co-sign for or guarantee a business loan, you could be liable for that amount in a lawsuit, or if the business fails.

Similarly, if you pledge personally-owned assets – say, your home or stock portfolio – for a business loan, you could be on the hook personally.

But there’s a third threat to LLC protection. It’s called “piercing the corporate veil.” Here, a creditor attempts to show that the LLC is a shell created only to provide liability protection for its members, or the LLC was practically inseparable from or an alter ego of its owners.

Courts will be more likely to pierce the corporate veil if:

  • Formalities, such as holding annual meetings and keeping minutes, were not followed.
  • Certain members exerted too much control over the LLC.
  • Members commingled personal funds with the LLC’s funds or used personal funds to satisfy the LLC’s obligations.
  • The LLC was not sufficiently capitalized when it was formed.

Maintaining a wall around your personal assets

  1. Adopt and follow appropriate formalities. Hold annual meetings of members. Keep accurate, detailed “minutes” of important decisions. And be sure to follow the LLC’s Operating Agreement.
  2. Never commingle assets. Keep personal and business separate, always.
  3. Never divert LLC assets for personal use.
  4. Never tell a creditor you will personally guarantee payment.
  5. Make sure everyone knows they are dealing with a corporation, not an individual.

Disclosures:

Guardian, its subsidiaries, agents and employees do not provide tax, legal, or accounting advice. Consult your tax, legal, or accounting professional regarding your individual situation.

Pub12318 

2023-163887 Exp. 10/25 *pre-approved content*

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