Every so often,
new forms of ‘business entities’ are touted as the next big thing in
limiting your personal liability in businesses, or sheltering your assets.
In reality, what is an appropriate business structure depends upon your
particular business model, personal risk assessment, taxable status for
federal estate tax purposes, and the long term goals you have for the
business entity. Whether you are considering forming a general
partnership, family limited partnership, limited liability company, or
corporation, we can advise you on the pros and cons of each entity; assist
you in choosing the right entity for your particular circumstances;
integrate a continuity plan in to your estate planning documents in the
event of your death; and create the underlying legal agreements and
documents necessary to the entities formation and maintenance.