It’s no secret that we at LexLaunch.com feel that using online legal incorporation services to form your LLC are no match for the expertise that comes with working with a personal attorney. But what if you used an online service before heeding our advice? No matter if you used an online incorporation service years ago or just last month, it’s important to have an attorney independently review your documentation to make sure you are adequately prepared for managing risk to your company and your personal assets for years to come.
Incorporating your business is not an easy process, nor is there a “one size fits all” packet of incorporation documents to file. There are often secondary requirements that extend beyond what is offered on online sites. Also, regulations for formation are always changing and vary from state to state. If you miss a vital update, your application might be faulty or incomplete, leaving you open to personal and professional risk in the future. Reviewing the disclaimers on these online sites is enough to make the most confident applicant a little wary.
If you’ve already used an online legal service to incorporate your business, it might be a good idea to have an attorney with knowledge of business incorporation, such as the lawyers at LexLaunch.com, to review all documents created when you began your business. An attorney will be able provide direction as to the viability of your legal setup structure, as well as:
- Ensure that the correct documentation was filed for your state
- Guide you through the tasks required following incorporation, such as naming a board, issuing stock, and/or completing any further publication requirements
- Anticipate possible legal issues that might arise in the future (such as intellectual property ownership or fundraising) and advise you on next steps to reduce risk
- Give you cost estimates for future legal needs so that you can budget accordingly
- Provide peace of mind that you “did it right” and that you have taken the steps needed to reduce risks
Every new business is unique, and a lawyer can help tailor legal work to your specific situation. Asking an attorney to review the documents created by an online legal service gives you an extra layer of confidence and protection when disagreements and challenges arise in the future.
If you’ve used a “one size fits all” service for incorporating your business, get the peace of mind you deserve by scheduling an appointment with an attorney that has experience in setting up new companies, like the lawyers at LexLaunch.com. Give us a call today at (816) 434-6610 or click here for more information.