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Forming A Business or Planning Entity

Forming a business or estate planning entity is usually desirable, even for a small business with few employees or even only one employee. Formation of a business entity is one of the best ways to ensure that your personal assets are protected in the event of an unexpected event or business downturn, and formation of the proper entity can often lead to tax advantages. We are happy to counsel you in which entity best will meet the needs of your business or will assist you in meeting your estate planning goals. We will be happy to assist you in the formation of:

Corporations:
We form and advise not only business Subchapter C and Subchapter S corporations, but professional corporations and non-profit corporations. We also assist foreign corporations in qualifying to do business in Colorado.

Limited Liability Companies:
This relatively new entity is often the best choice for a small business. It combines many of the favorable tax attributes of a partnership with the asset protection of a corporation. In addition, it has a much lower level of formality than a corporation or limited partnership.

Limited Partnerships and Partnerships:
The Subchapter S corporation's recent rule changes and the advent of the Limited Liability Company have caused fewer people to choose these traditional entities, but they still have some attraction for certain purposes. We form, advise and assist all partnerships.

Family LLCs Limited Partnerships and Trusts:
Many people with a strong asset base desire to set up family LLCs, Family Limited Partnerships or Trusts for asset protection purposes, to minimize estate taxation, and to assist them with a structured gifting program. We are happy to advise, form and counsel these estate planning business entities.

Family Foundations:
For our clients who wish to make deductable, estate tax protected, gifts to a family foundation, we assist in forming and qualifying the foundation. We also provide ongoing counsel and advice on how to meet the often-stringent standards necessary to keep the foundation a qualified charity.

Please call us today if you wish to learn more about formation of any of these entities at a reasonable cost.

REMEMBER, if your entity is formed by The Law Office of Steven R. Owens, P.C., you can be sure that it is formed properly, meets all current laws and regulations and has been refined to meet the needs of businesses and estate plans in Colorado. Most people are astounded to find out how little it actually costs to have a professionally formed business or estate planning entity through The Law Office of Steven R. Owens, P.C.