LLC

Decisions about ownership, governance, and succession affect both the future of the business and the family legacy attached to it. When structured carefully, an LLC can serve as a flexible vehicle for transferring wealth incrementally, preparing the next generation for ownership, and minimizing disruption to operations.

In recent years, individuals have often come to me with questions about whether to place property in a trust or form an LLC.

I have noticed a rise in Small business entrepreneurs who have multiple ideas for expanding their business and come to my office thinking they want to start or convert to a corporation so they can hold everything under one business.