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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Gladys Wiles is a bright, interested, intelligent attorney who I both like personally and would endorse highly.
Gladys Wiles is a well-known and respected community leader. In addition to her volunteer work to support and enhance the local YWCA, she is a valuable resource among small business owners. Always available for preliminary guidance and direction, Ms. Wiles has a willingness to present general information so those of us outside the field of law know when it is time (or not) to retain an attorney.
Gladys and her staff are extremely friendly, knowledgeable and down to earth. I highly recommend her and her team for any legal assistance. 5 Stars!
Everything Attorney Gladys Wiles has done for me has been nothing below satisfying! From the beginning of the process until the very end, she made me feel very comfortable and confident. Throughout the process, I was consistently updated. All my legal needs go directly to Gladys. I couldn’t be more satisfied! 5 Stars!
“Love this local law firm.. Someone I can trust and they know what they are doing – I had a great experience with this firm especially Gladys. Knowledgeable and Honest! If you are in need of an attorney – I suggest you contact Snyder & Wiles …Keep up the great work!”
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.
Gladys made our estate planning easy and understandable. My wife and I left with a comfortable feeling. 5 Stars!
I have had the pleasure of working with Gladys as my Attorney and it is with great pleasure that I recommend her. She has great insight for the need of her clients. Gladys takes time to truly understand and know her client and what is important to them. She communicated information effectively and in a way for me to understand it. Lastly, Gladys was always positive and extremely professional.
As a real estate investor, Gladys helped me negotiate purchases, drafted contracts and leases and handled my real estate closings. I appreciate the timeliness of all of your work and the professionalism of your staff. Looking forward to do more real estate deals with Snyder & Wiles!
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.