Speak directly with our business entity formation attorneys to review your vulnerabilities and structures.
Starting a business involves more than choosing a name and filing paperwork.
The entity you choose — and how that entity is structured — can affect liability, ownership, operations, taxes, future growth, and ultimately the protection of your personal wealth.
The Asset Defense Team helps entrepreneurs and business owners establish legal entities designed around their actual business and financial objectives.
Whether you’re starting your first company or adding another business to an existing portfolio, getting the structure right from the beginning can prevent significant problems later.
LLCs, corporations, partnerships, and other legal structures each have different characteristics and advantages. But selecting an entity shouldn’t be based simply on what’s easiest to file online.
We help clients consider the bigger picture, including:
- Liability protection
- Ownership structure
- Management responsibilities
- Business partners
- Future investments
- Real estate ownership
- Asset protection
- Long-term growth and succession
Once those factors are understood, our attorneys can help determine an appropriate structure for the business.
Creating an LLC with the state may be relatively simple. Creating a properly structured business is different.
Entity formation may include governing documents, ownership agreements, operating agreements, organizational resolutions, and other legal documentation designed to establish how the company actually functions.
For entrepreneurs with multiple businesses or significant assets, we may also evaluate whether a more sophisticated structure is appropriate. That could include separating operating companies from valuable assets or establishing holding companies that own interests in multiple entities.
One of the primary reasons to operate through a legal entity is to establish separation between business activities and personal assets.
But simply forming an entity isn’t enough.
The business must also be properly maintained and operated. Mixing personal and business finances, failing to maintain required records, or ignoring state filings can undermine the protection an entity was intended to provide.
The Asset Defense Team helps clients both establish their entities correctly and understand how to maintain them moving forward.
Fixing an improperly structured company later can be more complicated and expensive than establishing it correctly from the beginning.
Before you launch your next company, acquire a new business, or add partners to an existing operation, make sure your legal structure supports where you’re going.
The Asset Defense Team can help you build a stronger foundation for your business — and for the wealth you’re working to create.