Entity Formation

Business entities can be created to facilitate easier management and control of assets while providing protection from potential creditors.  There are numerous types of entities, such as limited liability corporations and limited partnerships, that can be used to limit a client's personal liability.  Family limited partnerships may also be created to simplify the management of family assets.

Depending on a client's occupation, it may also be advisable to create a professional corporation to protect a client's personal assets from potential creditors of the client's profession.   




Francis A. "Nick" Jones - Attorney At Law
5150 East Pacific Coast Highway, Suite 200
Long Beach, California 90804
Phone: (562) 346-3292  Facsimile: (562) 346-3293