Sumner PC & Associates
Business Lawyer in Michigan
Our Michigan business lawyers have over 40 years of experience in the right business entity structure for our clients. We have successfully assisted hundreds of clients with determining the right business structure for our clients needs including establishing limitied liability companies and S-Corps.
Choose the Right Business Structure for Success
Expert Guidance for Your Business Entity Needs
Welcome to Sumner & Associates, P.C., where we specialize in helping businesses thrive by choosing the best legal structure. Whether you’re a small business, startup, or established company, making the right entity choice is crucial. Our experienced attorneys can assist you with various business entities.
Sole Proprietorship and DBA (Doing Business As)
What is a Sole Proprietorship: A Sole Proprietorship is the simplest form of business ownership. It’s easy to set up but offers no personal liability protection.
Why Choose It: Many individuals start as Sole Proprietors due to simplicity, but it’s vital to understand the lack of liability protection. We can help you explore other options if needed.
Partnerships: Building Together
What is a Partnership: Partnerships involve two or more individuals who share business responsibilities and profits. They offer flexibility but come with shared liability.
Why Choose It: We’ll guide you through the different types of partnerships (General, Limited) and help you understand the tax implications and liability involved.
Incorporate for Strong Legal Protection
What is a Corporation: Corporations are distinct legal entities that provide strong liability protection but require more formalities and compliance.
Why Choose It: We’ll explain the benefits of forming a corporation, including limited liability and potential tax advantages.
Flexible and Protected: The LLC Advantage
What is an LLC: Limited Liability Companies combine the flexibility of partnerships with the liability protection of corporations. They’re popular for small to medium-sized businesses.
Why Choose It: Learn about the advantages of an LLC, such as pass-through taxation and asset protection, and how it suits various business needs.
Securing Your Legacy: The Importance of Estate Planning
Estate Planning: Businesses need to consider what happens when key stakeholders pass away. Proper estate planning ensures the smooth transition of ownership and minimizes tax burdens.
How We Can Help: We offer expertise in structuring your business entities to align with your estate planning goals, protecting your family and assets.
Book
Your Free Evaluation
Ready to Secure Your Business’s Future?
Choose the right entity structure with the guidance of our experienced attorneys at Sumner & Associates, P.C. We understand that every business is unique, and we’re here to tailor our advice to your specific goals. Schedule a free phone evaluation today to protect your business and secure your legacy.
If you already have a corporation or LLC
If you already have a corporation or LLC, don’t assume you’re fully protected. Improperly structured businesses may not enjoy the protection or benefits they’re supposed to provide.
It’s time for a reality check. Make sure your business is set up correctly, or you could be exposing yourself to unnecessary risks.
Verify Your Business Structure Today
Ensure you’re getting the full benefits of your corporation or LLC.
Contact us now for a FREE evaluation. Don’t wait until it’s too late. Protect your hard-earned success.