Business Law

Organization Structure and Business Planning

Our firm assists clients in choosing the appropriate business structure to meet their goals, ensure flexibility, and secure the tax treatment sought. Included in today's options are traditional corporations, "S" corporations, general and limited partnerships, limited liability partnerships, limited liability companies, and proprietorships. Our business planning expertise provides clients with assistance in the selection of a form of organization, capital structure, and corporate governance--all with an eye to financial consequences.

Limited Liability Companies and Other "Pass-Through" Entities

Tax considerations often make "pass-through" entities the preferred form of doing business for closely held and family businesses. For example, the limited liability company offers great flexibility and combines most of the advantages of a traditional corporation with the tax treatment of a partnership. Young, Sommer counselors are experienced in the formalities of structuring limited liability companies, "S" corporations, and partnerships.

For questions on Corporate Transactions, contact David Brennan.