CORPORATE BUSINESS FORMATION
PROTECTING YOUR BUSINESS FROM LIABILITY LURKING BELOW
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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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Professional, caring and thorough. Gladys was a joy to work with, and made many significant suggestions that helped greatly with some very complicated issues. Satisfying to know that this firm is capable of handling all of our future legal needs. 5 Stars!
“Wonderful care and compassion from everyone at the firm during an unimaginably terrible event.”
Gladys and her staff were very caring and helped us through a difficult time. They took a lot of the stress and burden off us so we could focus on our needs and not worry about anything else.
I’m more than happy to endorse Gladys E. Wiles. I’ve used the firms title services for real estate transactions, the settlements go off without any problems, smiles all around the table. I’ve referred several people to Gladys and have heard nothing but great things. She’s warm and caring, but a tough attorney who will do anything to make sure you get what you deserve.
I own a business in Lehigh Valley as well as a networking group with about 500 members and Gladys is one of them. She has been very active in the group and has helped numerous of people with their problems or even questions. Very professional and is always available to take questions and concerns.. I have had Gladys as our guest speaker numerous times and the information she provided was very useful to the audience. Very trusting as well as a great person. Would recommend Gladys to anyone who is looking for a great attorney in the area.
Gladys Wiles is a bright, interested, intelligent attorney who I both like personally and would endorse highly.
Very pleased with the service Attorney Wiles provided for our family – we had several different items to work on, and with her explanations, felt comfortable with the entire process. Thank you and your firm for all of the help! 5 Stars!
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.
Gladys and her staff are great. Takes the time to explain everything and walks you through options that will best benefit you, your family, and/or your business. 5 Stars!