Entrepreneurs and Self-Employed professionals do not want to learn “the hard way” when understanding the need to protect yourself legally.

We’ve been asked time and again from personal clients, “Should I form a corporation to protect me and my assets”.

Forming a California corporation or a limited liability company (LLC) can prove to be extremely valuable.  The right entity with the right planning can provide you with a barrier between your business assets (which could be at risk from a lawsuit) and your personal money and investment such as your bank accounts, stocks and bonds.

In addition, it allows multiple owners the opportunity to “share the wealth”

Incorporating entities include:

  • Limited liability company (LLC)
  • Limited liability partnership (LLP)
  • C-corporations
  • S-corporations

Legacy Legal helps you properly identify which corporation type is best for your long-term goals and objectives.

In addition, we support you with documentation, ongoing business filing requirements, and tax preparation services.

Some of many reasons to incorporate:

  • Preparing your company for public sale
  • Protection of personal assets
  • Pass Revenues to Owners/Principals
  • Reduce Self-Employment Tax

When you want to preserve and protect business and family wealth for generations with a Limited Liability Company, Corporation or Trust to enrich your family’s legacy, contact us for your consultation today.

C Corporation

Defined with types of shares, shareholders’ rights & bylaws, and equity interest.  A C-Corporation elects a board of directors and can appoint officers who run the daily financial and operational tasks of the business.

Limited Liability Company

The most popular form of entity for real estate is an LLC that hosts an operating agreement between the members.  LLCs are managed either by the members or by one or more “managers” elected by the members.

S Corporation

The most popular entity for family and closely-held businesses, S Corporations have significant tax benefits over an LLC and other forms of doing business.