CORPORATE BUSINESS FORMATION
PROTECTING YOUR BUSINESS FROM LIABILITY LURKING BELOW
CALL TODAY – 610-391-9500.
The business world is full of pitfalls and sharks. At Snyder & Wiles, we help you navigate the waters calmly and avoid as much risk as possible.
Lehigh Valley Corporation Attorney – 5 Reasons to Use an Attorney to Create Your Corporate Structure:
There are a number of different ways that a business owner can create a business corporate structure, i.e., LLC, Corporation – “S” Corp or “C” Corp, Partnership, Limited Liability Partnership and the list goes on. Are you qualified to determine which structure is best for you? There are many reasons that a business owner should use an attorney rather than choosing a more inexpensive option such as a legal website or a how-to book:
- Liability Protection
The most common reason for creating a corporate entity is to shield the business owner from potential liabilities of the business. To avoid these potential liabilities, a business owner must create a proper corporate structure. Relying on generic forms from a website or book could result in corporation that can be defeated in court. A business owner should choose an experienced attorney to complete the corporation process as a way to make certain that the corprate veil properly protects the business owner from risk.
- Business Structure
A business owner may be interested in creating one type of business structure, but that may not be the best choice in every situation, but other structures may prove a better fit. An attorney can help the business owner to choose and create the right corporation structure to meet the needs of the specific owner and business. This is especially true in consideration of specific state laws that change frequently due to the passage of new legislation or recent court decisions.
- Complicated Business Ownership
It is more difficult to create a valid corporate structrue when a business has more than one owner. Even if a married couple owns the business, there are a number of potential complications when forming a corporation. While most websites that provide legal forms claim to be able to handle this situation, getting the expert advice and knowledge of an attorney is the only way to be certain that ownership issues are handled correctly.
An attorney that is familiar with the corporate process can help a business owner to identify potential problems due to state or local laws and regulations or specific business nuances that a website or book will not identify. The attorney may be able to find ways to reduce the tax liability of the business or the business owner as well. An attorney can also make the owner aware of any periodic business reporting that the corporation will be required to make.
- Time Savings
While it is not difficult to fill out the forms to create a corporation, it is a lot easier for a business owner to turn the responsibly of completing the proper paperwork over to a lawyer. By letting an attorney handle the paperwork a business owner can focus on his or her strength: running the business. As an attorney is more familiar with the corporation process, the attorney can create the corporation in less time than a person inexperienced with the process.
At Snyder & Wiles, we Help You Get the Most Out of Your Business As an integrated full-service law practice, we also explain several estate planning issues that should be considered in conjunction with any small business startup or rights to intellectual property. We explain the issues and concerns involved and propose estate planning strategies, which will protect your business and what is most important to you. Contact us for a consultation, 610-391-9500.
In every area of law, it is important to have a strong personal connection between attorney and clients, and this connection is especially key when it comes to your business. When it comes time to take action, you need to be comfortable with the advice you receive is essential. Contact Snyder & Wiles, PC for a consultation regarding your business. 610-391-9500, or fill out the form on this page.
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- A summary of facts of your case;
- Legal issues arising from those facts;
- Defenses or issues we’ll raise and the potential results.
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Earlier this year my husband and I had Gladys Wiles update our wills and also prepare living wills for each of us. Gladys was a pleasure to work with as she is knowledgeable and efficient and was able to explain the legalese in language I could understand.
I have used Gladys for both personal and business and I would highly recommend her to friends and family. Not only is she very knowledgable but she keeps things very simple and takes the time to explain things so we as the client understand. Gladys was also very sensitive and compassionate in dealing with the power of attorney for my mother. Thank you for being so fabulous and so genuine 🙂
I endorse this lawyer. Her willingness to contribute to the AVVO community along with the substance of those contributions displays an attorney that is ready, willing and able to zealously advocate for her clients. I wouldn’t think twice about referring a potential client to Ms. Wiles.
Attorney Wiles has assisted my entire family in many areas of the law including: estates, real estate, business matters, as well as elder law. She is very thorough and detail oriented, extremely knowledgeable, and compassionate.
Gladys Wiles is a hard working lawyer in the Allentown PA area and is building trust in the community one successful result at a time.
Caring, top quality legal work in Allentown.
I feel very comfortable referring personal injury matters to Gladys. She not only is an experienced attorney, she also knows how to treat clients with dignity and respect.
Attorney Wiles is a fantastic attorney. She does her homework on her cases. She knows her business and she tells you how it is. She is one of the best lawyers that I know, and I know quite a few. I would recommend this law firm with flyng colors.
“A mere thank you just isn’t enough for the gratitude and appreciati
on I feel for the exceptiona l service my dad and I received from Gladys Wiles and office staff today! Snyder & Wiles, you rock!!!”
Gladys and her team are PHENOMENAL! I had been dragging my feet on updating my will since I moved to PA. Gladys had drafted it 4 years ago but I’d never finalized it. Three days before a major surgery I thought I should get things in order and stopped into Snyder & Wiles office to pick up my old will which they had on file and verify it would suffice should something happen in surgery. I saw Gladys as I entered; she greeted me warmly as always, and after hearing my story told me I wasn’t leaving her office until I had revised and signed the will she drafted earlier. I was absolutely blown away by her compassion, concern and willingness to change her schedule to take care of me. Forty five minutes later I was out the door with signed will in hand. Gladys and her team are absolutely the best and I most highly recommend her — she cares — that’s rare!