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FAQs:
Do I need an attorney to create a new business entity, such as an LLC, LLP, or S-corp?
ANSWER:
You only get one chance to form a business correctly the first time. You can lose the benefit of the corporate veil (and personal asset protection) if you do not obey certain formalities during both the incorporation process and thereafter. Plus, subsequent corrections to the papers can involve significant expenditures of time and money into the indefinite future. It generally pays to get good advice upfront and to have a lawyer help form your business entity. Likewise, a lawyer can draw from past experience to give you advice in other business-related matters. You will be surprised by the amount of advice you can extract from a lawyer when you are contemplating the creation of a new business entity. Rarely will you find a lull in the conversation where neither you nor the lawyer will have anything to say. You will likely look back on your quest for legal assistance as a good decision.
Call To Schedule a FREE Consultation with a lawyer regarding entity formation in PA.
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For more, go toArticles of Incorporation, Contract Drafting, Confronting Business Debt, Bankruptcy, Geographic Areas (Outside of Pennsylvania or Pittsburgh?), Incorporation of a Business / Forming LLCs (Limited Liability Company (for more), C-Corps, Operating Agreements, Purchase of a Business, Asset Protection (Corporate Veil, Avoiding Undercapitalization, Alter Ego, Fraud), Document Preparation (Leases, Purchase Orders, Employee Handbooks).