Creating an entity can be very useful to protect yourself from potential lawsuits, creditors and/or reduce estate tax liability. Whatever the reason, our firm can assist you with creating an entity. If you have an existing entity, our office can help you plan for contingencies.
ASSET PROTECTION - Creating an entity can protect yourself from potential lawsuits and/or creditors, but the entity must be set up properly.
REDUCING ESTATE TAXES - For larger estates, creating an entity can help reduce your estate tax liability. For instance, creating voting and non-voting interests in an entity can discount its value. Generally, a non-voting interest is less valuable for the purposes of valuing the entity.
BUSINESS CONTINUITY - If you have an existing entity, our office can help you protect your interest from contingencies such as disability, death, or a disagreement among other partners.