What Is A Limited Liability Company?
Building a business requires hard work, commitment, talent, and vision. As a business person, you have displayed all of these qualities. Achieving continued success demands a strategic plan for the future.
When choosing a business entity, a limited liability company or LLC may be an ideal option to ensure that your vision carries on after you are gone. Forming an LLC may be an ideal option to both secure your family legacy and to enjoy your current success.
A limited liability company involves an organizational structure that well suits small companies. An LLC essentially has the advantages of a sole proprietorship as well as the tax advantages of a corporation. LLC owners are protected from liability and company income is only taxed if you take out profits as wages.
A limited liability corporation is also an enduring entity which means fewer legal complications when passing on your business to the next generation. An LLC may be a great option to keep the red tape to a minimum. Our firm will carefully evaluate your business and your goals to make an optimal recommendation. With the proven legal team at WealthPLAN, PC, by your side, you can feel confident that your business and your family are protected.
Helping You Plan for Success for the Next Generation
WealthPLAN, PC, understands the process for establishing an LLC and is always working to remain on the cutting edge of any changes in business and tax law. We want to serve your needs now and for generations to come. Our goal is to build relationships with our clients and we are always available to answer any questions or discuss how we can help you achieve your goals.
We know you have worked hard to build your business and you want to pass it on to the next generation. Our resourceful attorneys may be able to help you develop a succession plan that will ensure that your business carries on your legacy. We work closely with our clients to help them achieve success and to secure a bright future.
Contact a business and succession planning attorney from a professional firm without delay to assist you in determining if an LLC is a business entity that suits your vision for your business.