Corporate Entity Planning

Corporate Entity Planning (LLCs, S Corporations, Limited Partnerships)

Many times, clients will have Estate Planning goals that can be achieved through Corporate Entity Planning.

Bezaire, Ledwitz & Associates offers comprehensive Corporate Entity Planning , including creation of LLCs, S-Corporations, and Family Partnerships.

Use of a Corporate Entity is often a fine solution for clients with profit-generating assets, such as investment properties, and provides some protection from personal liability. Additionally, the use of a Corporate Entity can have favorable tax consequences for the property placed into that entity. A corporation is an independent legal entity under the law. It is authorized to do most of the things that an individual can do, including opening bank checking accounts. A corporate bank account also typically has a list of authorized signers on the account, and these people may or may not be shareholders. Legally, you can use your personal bank account for both business and non business transactions or you can set up a second personal bank account to use for your business. However, there are several reasons that setting up a business account may still be a good idea.

Every client’s situation is different, and having expert legal advice is an absolute must when thinking about using an advanced tool like a Corporate Entity as an Estate Planning solution.

Bezaire, Ledwitz & Associates has a collection of experts with decades of experience in creating, funding, and maintaining Corporate Entities as part of an Estate Plan: let us put our knowledge to work for you!