Protect Your Life's Work
Creating a new entity for your business can provide you with valuable liability protection.
Whether you have an existing business, are considering starting one, or even own rental properties, it is important to consult with an experienced corporate attorney to provide guidance about liability protection. An experienced attorney will help you prepare for any unforeseen situation. With proper succession planning and estate planning you will allow for easier growth and transition of ownership of the business, create alternative management options in the event of death or incapacity.
We can help you choose the right entity for your needs, form the entity, plan for emergencies, plan for eventual succession, draft and review contracts, and provide assistance with many other needs that arise when owning a small business.
This allows you to focus on what you do best—run your business!
Most Common Business Entities
Limited Liability Company (LLC)
Benefits & Popularity of LLC
LLCs have become a popular choice in recent years for very good reasons. They are inexpensive and flexible entities that serve many useful purposes.
Even if you do not have a traditional small business but instead own investment property that you rent out to tenants, an LLC can be an excellent vehicle to protect your other assets. Examples of LLC benefits include:
Provides liability protection without as much upkeep and formality as a corporation
Allows for pass-through tax treatment
Inexpensive to maintain
Can be incorporated into your estate plan to allow easy transfer of control in the event of incapacity or death