Are Your Assets Really Protected? You Might Be Surprised.
Are you the owner of a corporation or limited liability company? If so:
- Have you held an annual meeting of the owners and directors of your business every year?
- Have you created minutes of those meetings?
- Have you ever forgotten to file your business’s annual report?
- Have you lost your business’s bylaws or operating agreement?
- Have you unknowingly signed contracts personally on behalf of your company or signed contracts without reading the terms?
- Have you paid for business expenses with a personal check?
- Have you taken money out of your business bank account for personal expenses?
Every day business owners take actions or fail to take actions that jeopardize the liability protection provided by their corporation or limited liability company, putting their personal assets at risk. At the ICS Law Group, we help our clients limit and reduce the risks to their personal assets by:
- Facilitating the annual meeting of the owners and directors of our clients’ businesses;
- Coordinating and verifying that all required Secretary of State paperwork is filed on behalf of our clients’ businesses;
- Reviewing all contracts that our business owner clients enter into on behalf of their business prior to signing; and
- Creating legal paperwork to document the flow of money between a business and its owners.