Mahrt Law Office is a single-attorney law firm serving Bloomington-Normal, Illinois and the surrounding area. Our firm focuses on family law and transactional legal services, including estate planning and power-of-attorney documents, business for...
Practice areas & skills: Corporate & Incorporation, Estate Planning, Family, Real Estate, Contracts & Agreements
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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.