To Form A Corp / LLC On Your Own Or Not To????

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Should you form a Corp or LLC yourself or use an attorney, that is the question.
I have heard both pros and cons for either way.
What do you think?
How have you handled it?
Thanks
housebyr oh oh

Comments(4)

  • rottzilla23rd July, 2003

    I formed my LLC by using a pretty good website. (do a search, you'll find them-or email me privately) I was happy with their services. Then I spoke to my attorney about making sure that it stays legal. The online service only cost me about $300 and they did it all and sent me a nice binder containing stocks to issue, etc. It's only paperwork. Make sure first of what you need to do, then do it yourself. I, personally, formed a Delaware LLC. You can split it for as many properties as you have, so that each one is held seperately and can't be sued for the other.

  • jorge12125th July, 2003

    the legal cost of incorporating or forming a simple n LLC is pretty small these days and there are numerous firms that do just that. Amerilawyer is a firm that I've used in the past and the cost for incorporation was like $100 (for Florida) and $350 for the LLC. There are other firms like this. Run a search on yahoo or google.

  • hibby7625th July, 2003

    I have a friend who set up his own corp for about $50.

    A few years later when his company was bigger a lawyer was looking through his docs and pointed out all the ways that he could be found personally liable because of things that were overlooked.

    I opted to have an attorney do mine. I got the electronic docs from him and will "clone" them and use that paperwork for my next LLC and do it the $50 way.

    Although I've read a fair amount about them, I didn't want to risk it.

    ...Just my opinion.

  • housebyr28th July, 2003

    Hello
    Thanks for your help.
    Housebyr

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