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Updated over 7 years ago on . Most recent reply

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5
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Chad Hedgepeth
  • Rocky Mount, NC
6
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5
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Legal entities: lawyers or no lawyers

Chad Hedgepeth
  • Rocky Mount, NC
Posted

So I have read "Own your own Corporation" and researched on the internet. When incorporating, did you all use a corporate lawyer to prepare your entity or do it yourself? Also, do you currently use a lawyer to manage your annual minutes or do them yourself? Does anyone do them at all?

I am located in Eastern North Carolina, so any NC locals please share your NC experiences. Any information is appreciated. 

Most Popular Reply

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942
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Adam Schneider
  • Lender
  • Raleigh, NC
637
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942
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Adam Schneider
  • Lender
  • Raleigh, NC
Replied

@Chad Hedgepeth I used an attorney when creating my entities. The entity you choose will depend in part on your business expansion plans and tax strategies--so you might want to chat with an accountant as well. In terms of annual minutes, I do a report quarterly which is very basic, and copy my attorney (he's a friend and likes to know how things are going). I would doubt if there are any LLCs that have an attorney do their annual minutes, but I suppose others on BP will share their thoughts.

  • Adam Schneider
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