If you're in command of the boat - or even on it - you'll be named in the suit as an individual. The LLC only provides liability protection if the LLC charters the boat to someone else and you are nowhere near it when the accident
happens. Even then, they'll try to sue you as an individual. Doesn't take much - it can be enough if there's an email
from you to the charterer that uses your name rather than the LLC name.
That's why it's important that you (and your wife) be named as insured on the boat's insurance
policy that lists the LLC as owner. There's usually no charge for this.
If own a house or car with an umbrella liability policy have the boat listed. My homeowners insurance company is willing to do this for no charge even though the boat policy is with a different company. They do want the boat policy liability to be above the umbrella's minimum.
Given how unlikely it is that the LLC will protect you, if putting it in your name would legally save some tax - I'd do that.