Dennis K. Wilson is a graduate of the University of Arkansas at Little Rock School of Law. He served as a law clerk for the honorable Morris S. Arnold, Federal Appeals Court Judge for the United States Court of Appeals, Eighth Judicial Circui...
Practice areas & skills: Estate Planning, Elder Law, Business
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A corporation is a formal way to organize your business to gain rights and privileges, and to limit your personal liability. There may be tax and financial advantages to incorporation, but it can also increase your business licensing fees and decrease the amount of personal control you have in running your business. There are many legal consequences to incorporation, so it's a good idea to consult an attorney specializing in corporate law. A corporate attorney also represents shareholders unhappy with the actions of a corporation.