Operating your own business can be an exciting and lucrative enterprise, but it requires advanced planning to ensure that your rights are secured and to avoid future litigation. Whether you have an existing business, are interested in incorporating, or you are starting up a new business and need an experienced business formation attorney, Hudson & Associates, LLP has over 20 years of experience helping small to medium sized businesses protect their assets and avoid future litigation.
We represent business owners with all aspects of incorporation, including the Articles of Incorporation, organizational minutes and records, and the issuing of stock. When you choose to incorporate, you will have to make many decisions about the business structure you choose. We will take the time to understand your unique business goals and objectives and work to create a legal solution that suits your business model. We are experienced in all business formations including Limited Liability Company’s (LLC), limited liability partnerships (LLP), corporations, family limited partnerships, and partnership agreements.
Limited Liability protection
One consideration when making the choice of business entity is liability protection. Certain types of business entities can protect you against personal liability. Our attorneys will advise you on which type of entity is right for you to protect your personal assets and whether it is worth the costs of forming the business. Insurance may be able to accomplish the same goals for less money. We will provide honest and dependable counsel you can trust as you make these important business decisions.
Business succession and family business planning
Many people will form business entities to ensure that ownership passes to their children. You may be able to make a gift of interests in equity (a stock) without passing on the assets so that you can maintain control of the business. If you are interested in learning more about business succession and family business planning, we can offer the strategic planning tools you need.