When you want to limit your personal liability with a statutorily created entity, the first question always is: Which way to go?
There are so many choices, including corporations, limited liability companies, limited partnerships, limited liability partnerships, and more. With so many choices, the first step is choosing the right entity, and the right choice for you and your business requires good legal and tax advice.
Once formation is complete, the second task is governance. Again, good legal and tax advice is the key. Proper documentation is important to maximize an entity’s liability protection and tax benefits. We can provide referral to a tax professional who can assist if needed.
In addition to the foregoing, Sgro, Hanrahan, Durr, Rabin & Reinbold, LLP can also assist you with the transaction involving your entity or yourself individually, such as the preparation of contracts for the sale or purchase of real estate, businesses or other business assets. We also prepare post-transaction documents related to your business, such as leases, liability waivers, service contracts, and other documents.
Contact us to discuss your business situation and needs.