When starting a business, selecting your overall legal structure is one of the biggest decision a business owner will make. The way in which your business is legally formed will determine the personal liability of the founders, how taxes are paid, how meetings are held, and other important details that will impact the daily operations of your business.

A contract is an agreement between two or more parties creating a legal obligation for both of them to perform specific acts. Each party is legally bound to perform the specified duties identified within the contract such as rendering a payment, delivering goods, the sale of land, and more.

Estate planning is the process of arranging how your assets and medical care will be handled after you die or become incapacitated. It involves creating legal documents like wills, trusts, and powers of attorney. Estate planning important because it ensures your wishes are carried out, Minimizes the burden on loved ones

Intellectual property law deals with the rules for securing and enforcing legal rights to inventions, designs, and artistic works. State and Federal laws protect the exclusive control of intangible assets just as it protects personal property and real estate.