There are many different entities that can be selected in starting a business or owning real estate. Corporations, limited liability companies and limited partnerships are most often used. However, each entity has its advantages and disadvantages and choosing the best entity for your business involves a review and analysis of specific goals and objectives.
We can assist and guide you in deciding which form of business entity is appropriate for your circumstances. We can also assist in maintaining your business structure through annual meetings and required business filings with the Secretary of State.
We can also assist you in creating an ownership structure that will allow your family to maintain control of the business for multiple generations, if that is desired. Such planning is usually combined with your estate plan and, if you have not created a plan, we can integrate such a plan with your business entity planning.