LEGAL EXPERTISE
Entity Formation
Starting a new business is exciting, but it also involves important legal and financial decisions. At Jay Worrall, Attorney at Law, we provide guidance during the business formation process so you can start on the right foot. Whether you are launching a startup, forming an LLC, partnership, corporation, or professional corporation, our goal is to help you avoid costly mistakes and build a solid foundation.
Business Attorney for LLCs, Partnerships, and Corporations
Many small business owners don’t know what is the best entity for their specific needs. Naturally you have both legal and tax considerations when forming your business. Many choose to form a limited liability company due to its simpler structure and operating rules. LLCs provide flexibility, liability protection, and tax benefits. However instead you may need to form a corporation, a professional corporation, or an S-corp. Also, you may elect to form an LLC for its flexible structure, but elect to have your business taxed as a corporation. Working with a business attorney for entity formation ensures your documents are properly drafted and tailored to your business goals.
Do I Need a Lawyer to Start a New Business?
The simple answer is no, you can file paperwork yourself. But just because you can do something doesn’t mean you should do it. Having a business lawyer means more than just filling out forms and registering your business with the state. We help you understand the long-term consequences of your choices, draft corporate by-laws or an operating agreement that protects your ownership, and set up rules for management and profit sharing. These are details online forms don’t customize for your unique needs. Further, while it is critically important to consult with your CPA or tax planner, they are usually not qualified to advise you on legal issues and consequences.
Hiring a business formation lawyer is an investment in protection. You gain peace of mind knowing your company is built on a legally sound foundation, saving you stress and money in the future.
Business Formation Support
Jay Worrall, Attorney at Law, assists prospective entrepreneurs and small business owners with personalized legal advice and representation at every stage of growth. From startups and family-owned businesses to larger entities with more capital and employees, Jay Worrall, Attorney at Law provides dependable guidance that helps you start and grow your business with confidence. Crucially, Worrall Law does not charge its existing clients for asking simple questions! The key to truly assisting our clients is that we encourage open dialogue without constant fear of receiving a new invoice.
Why Work with a Business Attorney?
You are not required to hire a lawyer to start a business, but working with a business attorney at formation makes the process smoother and safer. Filing forms on your own may look simple, yet choosing the wrong structure or leaving out key details can lead to tax, liability, or ownership problems later. Many people who use websites and artificial intelligence for their advice later discover they’ve made an expensive mistake simply because they didn’t know what they didn’t know.
A business attorney can:
Frequently Asked Questions
What does a business formation attorney do?
A business formation attorney helps you choose the right entity, prepare your articles of incorporation, by-laws, and/or operating agreements, and ensures your company is legally compliant from day one. We can also help you decide if incorporation in another jurisdiction makes legal and financial sense.
Why should I hire a business attorney for entity formation instead of using an online service?
Online services may file your paperwork, but they don’t provide tailored advice for your unique needs. A business attorney for business formation makes sure your company is structured to protect your assets and minimize risks. Correcting mistakes later often costs substantially more than any savings you think you might have gained.
What entity type is right for me?
That is one of the most important questions you can ask. Determining the right entity at formation can save you substantial costs later, especially as you grow. This is particularly important if you work in a specialized or professional field.
Can an LLC elect to be taxed as an S-Corp?
Absolutely! Many people do not know this is an option. We’ll decide which entity is the best choice for you legally, and work with your CPA to ensure you make the best tax election.
Can I form a Serial LLC in California?
Technically no, California does not allow a Series LLC as a California entity. However, California DOES recognize Series LLCs formed in other states, such as Nevada or Delaware. Many people do not know this is an option. Worrall Law can help you decide if this option makes sense for you.
Should I Base my Business in California?
Great question. It depends on the nature of your business, what assets you own, where your customers are located, etc. Many people think they need to incorporate in other states such as DE, NV, or WY, only to find out that there are different problems associated with these choices. Consulting with Worrall Law can help you decide what is best for you.
Can Worrall Attorney at Law help with business formation beyond local clients?
Yes. We can often assist businesses in different areas or connect you with trusted resources if needed. We can also help you create an entity in a different jurisdiction, or draft documents for customers located outside California.
Schedule Your Complimentary Consultation Today
If you’re ready to establish a new business or estate plan, or you’re looking to protect your business or personal assets and legacy, schedule a complimentary consultation today. Worrall Attorney at Law simplifies challenging conversations, helping business owners and their families achieve security through open communication about your unique circumstances.