Business Planning

BUSINESS PLANNING

BUSINESS PLANNING

The attorneys at MD Wealth Protector, LLC feel that proper business planning must be performed from an asset protection, estate planning, and tax perspective. There exist several types of partnerships and two types of corporations. Though some of the differences are subtle, they are nonetheless crucial in determining whether an effective asset protection and business plan can be established. The situation is further complicated by variation in state laws and to a lesser extent federal law, particularly in the bankruptcy context.

THE RIGHT BUSINESS ENTITY

Our firm can help you assess the best entity formation to address the unique needs and goals of your business. Once we have had an opportunity to complete a confidential, comprehensive business health exam, we will provide you with a formal diagnosis. This diagnosis considers your personal objectives and circumstances while taking into account pertinent tax, estate planning, and asset protection factors.  We may treat you with one of the following remedies:

Limited Liability Company (LLC)

Partnership

  • Limited Partnership (LP)
  • Family Limited Partnership (FLP)
  • Limited Liability Partnership (LLP)
  • Limited Liability Limited Partnership (LLLP)
  • General Partnership

Corporation

  • C-Corporation
  • S-Corporation

Sole Proprietorship

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