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Tom Timmers is a founding member of Turley, Peppel & Timmers LLC. After he received his B.A. from the University of Dayton, he attended the University of Toledo College of Law, graduating cum laude. During his time at the University of Toledo Col...
Practice areas & skills: Corporate & Incorporation, Lawsuits & Disputes, Employment & Labor, 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.