TSutts,
I am not an attorney, however I have been in business for over 35 years. My Attny indicated to me that you have "no" protection from your personal assets if you do not have a LLC, S-corp or C-corp. If someone hires you, regardless of how much they pay you, and sues, your personal assets could be liable. I think it was good advise I received many years ago. This is a very crazy world we live in and no one has a crystal ball on how a situation will come out or what someone else will do.