Business Formations
Forming a business correctly from the beginning can save a host of problems from occurring and/or having to be cleaned up later. Whether it is a single-member LLC, a partnership, or a complex investment structure, getting good legal counsel is important to make sure that the business is set up for success. The cost to set up something correctly is generally much cheaper than the potential ramifications if something erupts after it’s already too late.
If there are multiple owners in the business, a properly drafted buy-sell agreement is critical to make sure the business and its owners are protected in the case of unexpected events, like:
- Death
- Disability
- Divorce
- Bankruptcy
- Disqualification
- Retirement
- Quitting
- Unresolvable conflicts
At The Law Office of Aron Phillips, PLLC, because of the value placed on long-term relationships, the client’s long-term success is a priority. Without business owners, the firm wouldn’t exist. So making sure business is legally protected so that the business can succeed is of paramount importance.
