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Business Formation

Kennett Square Attorneys Handling Business Formation

At Larmore Scarlett, LLP our attorneys provide clients with thorough, comprehensive counsel regarding business formation, assisting them from the time they form a business plan until they are operational. The future profitability of a start-up, personal liability and tax liability of a company are determined to a high degree by the choice of entity, establishment of employee policies, initial real estate transactions, licensing and other matters that need to be addressed. Our lawyers have extensive experience in business formation, and serve as general counsel for companies and families throughout Chester and Delaware counties.

Business formation and business law services

  • Form of entity, including limited liability company (LLC), S-corp, C corporation or partnership
  • Employment contracts and handbooks
  • Commercial real estate leases and purchases
  • Tax law
  • Licensing, permits and regulatory compliance
  • Financing
  • Contract review
  • Buy-sell agreements
  • General business counseling

A family limited partnership (FLP)

A family limited partnership can be a valuable estate planning tool, allowing the owner of a large estate to pass a family farm or business on to heirs often without payment of federal gift or inheritance taxes. When property is transferred into the trust, it can be devalued (since it can no longer be sold). Annual transfers of FLP shares can then be made to heirs.

If you would like to discuss business formation or formation of a family limited partnership, please call 610-400-1973 or e-mail our Kennett Square office to arrange a telephone consultation. You will usually be able to reach an attorney during business hours — if not, one of our lawyers will return your call or e-mail promptly. If we offer the service you need, we will be happy to discuss our fees and provide an estimate of the cost of representation. Otherwise, we will refer you to experienced lawyers that offer that assistance. We accept credit cards.