Limiting business liability and planning for the growth of the business as well as addressing potential ownership changes over time are important aspects of business planning. Our lawyers are experienced in all phases of business planning, can assist you in selecting the most appropriate business form, and can advise you on how to avoid problems as partners, families, and business goals change.
Our attorneys draft the documents necessary for establishing a Wyoming corporation, and can advise you on the various options available under the Wyoming Business Corporations Act.
Additionally, some of our attorneys act as registered agents for the corporations they help establish. We also assist the principals in compliance issues and provide advice and assistance regarding the Secretary of State and changing state requirements.
For closely held and family owned corporations, proper business planning often involves good estate planning – an area where our attorneys are very experienced and well known.
LLCs, LLPs & PCs
Wyoming was the first state to recognize the limited liability company (LLC), and our attorneys have long experience with LLCs. Wyoming’s LLC statutes, while the first in the nation, do not provide all of the defaults common in the corporation statutes. Careful and thoughtful planning is necessary to draft operating agreements, partnership agreements, and membership agreements that accomplishes your goals and addresses future contingencies and changes. Our lawyers can draft membership agreements and buy-sell agreements that meet the goals of the LLC, LLP or PC and its members.
Partnerships and Sole Proprietorships
Partnerships and sole proprietorships carry with them special liability concerns that are important to understand. Our attorneys can advise clients on the risks and benefits of these business structures and assist in changing the business structure to achieve their clients’ goals.
Businesses operating in Wyoming face a variety of challenges that require legal counsel. Whether you are starting a business, expanding your current enterprise, or downsizing, our lawyers can help accomplish your objectives. We have helped clients with stock purchase agreements, asset purchases, mergers, real estate acquisitions, joint ventures, layoffs, and dissolutions. In addition, we have a wealth of experience in matters unique to the State of Wyoming such as ad valorem tax, sales tax, use tax, and severance tax and enjoy helping clients avoid costly errors in those areas.