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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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 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.
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 is an excellent attorney who understands the needs of her clients. She is the consumate professional who gives every case the attention it demands. She is always prepared to represent her clients in the best way possible.
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!
Previous to utilizing Snyder & Wiles, PC we had been using the same attorney for 15 years when he unexpectedly passed away about 5 years ago. I found out that in conversation with his wife when things were good he mentioned that if anything ever happened to him he wanted his clients to go to Gladys because he felt she was the person that could represent and emulate his style of practicing law the best of all the lawyers he had known. That was enough of a referral for me. We’ve been using Gladys, Merna, Ketura and staff since that day and have never been told we can’t handle that you’ll have to go somewhere else. They accommodate all our business and personal legal needs and go out of there way on a daily basis to get things done, I would highly recommend Snyder & Wiles PC to everyone.
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.
“Not only have I used Snyder & Wiles for legal services, but a number of my clients have also used the firm. From my clients’ perspective -Gladys explains and speaks to them in terms they can understand. As a CPA working with an attorney for the benefit of our mutual clients, Gladys does an incredible job. She cares about the client and what is best for the client. I have worked with Snyder & Wiles for over 25 years! If you are in need of an attorney, I would highly recommend Gladys Wiles and her firm!”
“Wonderful care and compassion from everyone at the firm during an unimaginably terrible event.”