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Robert C. Anderson is the attorney and founder of The Elder Law Firm of Anderson Associates, PC, the Upper Peninsula of Michigan and Upper Wisconsin Elder Law and Estate Planning practice specialists. Here at the Elder Law Firm of Anderson Associa...
Practice areas & skills: Corporate & Incorporation, Estate Planning, Elder Law
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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.