Nancy Hancock Griffith has served as an attorney and consultant in the field of exempt organization representation, and philanthropic and gift planning, since 2005, providing strategic planning, compliance and technical counsel, program implementa...
Practice areas & skills: Corporate & Incorporation, 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.