Business Law and Planning
Whether big or small, your business deserves well-drafted operating agreements, contracts and transfer agreements. We can help ensure that eventualities are covered before they become conflicts, that your personal assets are protected from your business’ creditors and that your business is transferred smoothly.
A Limited Liability Company limits your company’s liability to assets held by the company. Forming an LLC protects you and your spouse’s personal assets from your company’s creditors.
The primary difference is how the entities are taxed. A corporation is typically taxed as a separate entity, while and LLC or a Service Corporations are “pass-through entities.” That is, the members are taxed on the business income through their personal income taxes.