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Gary Schuster is Senior Counsel on the Business Team. Gary received his B.A. in Government and Journalism from Lehigh University in 1979, and his J.D. from Fordham School of Law in 1988. He is admitted to practice in the United States District Co...
Practice areas: Corporate & Incorporation, Entertainment, Intellectual Property, Business, Estate Planning
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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.