Since our founding over 35 years ago, the attorneys at McFerran law have engaged in real estate matters almost exclusively. However, our client group of property owners, investors, brokers, contractors, homeowners, landlords, and tenants generally have something in common: in most cases they are also business people. Right from the time of our founding, we have consciously retained attorneys who are accomplished in counseling and assisting clients in forming their new businesses or helping and assisting them as their businesses grow and mature.
Limited Liability Companies Formed to Own Real Estate
In our practice realizing that we live in a litigious society, property owner clients have asked us to assist them with “legal prescriptions” that will provide them an ownership structure to limit their liability in owning their property. Our attorneys can provide expertise in their situations as well.
A limited liability company is an entity in the State of Washington that allows a party to, not only own assets within the limited liability company, but to do business as well. A limited liability company is not for everyone and our business formation attorneys are able to help and assist you in making that determination.
Once that decision is made as to whether (or which) form of ownership is best for our clients, our attorneys are able to handle all matters of formation with the State of Washington and setting up the legal documents to allow our clients to utilize a limited liability company to their best legal advantage.
A Corporation Formed to Conduct Business
Another very popular matter to conduct business in the state of Washington is to become a corporation. The decision of whether to incorporate or not is complicated and has both legal, and accounting implications. We never suggest that our clients make such major business choices without the help of a trusted professional advisor.
Our Corporation attorneys at McFerran law have substantiated knowledge and experience in all kinds of business formation. A corporation is not for everybody. It is a major decision and our attorneys will advise you on the benefits, the risks, the costs, the tax implications as well as liability protection matters associated with any kind of business entity formation
Sole Proprietorship Counseling
The vast majority of businesses operating in the United States are sole proprietorships. You may be surprised to know that, but it’s true. It doesn’t take an action, like forming a corporation or limited liability company, to go into business. In fact, many clients that consult with our business formation attorneys are advised that they may not need to even engage in special or more legal complicated ways of doing business. Our attorneys try to be both practical and cost-effective. It may be at a time in the future that a more formal method of doing business may be a benefit for a client, but we try to give the client what they need now given their specific situation.
Cost of Business Formation Counseling
Our attorneys are industry veterans with years of experience in business matters. We don’t need to get educated as we are constantly updating ourselves on the best manner of helping and assisting our business clients.
In most cases, after we meet with a client and together choose a plan to proceed, to a great degree and in most cases, we can quote all of our business formation services on a fixed fee package of services. Over the year’s clients have really appreciated the ability to be able to plan and know that there are no surprises
We Welcome the Opportunity to Consult with You on Your Business Formation Matter
Our business attorneys at McFerran Law always have slots open in their daily schedule to meet with clients on new real estate matters. In many cases that one initial consultation can address all the needs of a client on a particular real estate, business, probate or tax deferred exchange matter.
We do not provide free consultations (except in the 1031 tax deferred exchange practice area). We pride ourselves that a single initial one-hour consultation will provide most clients all the information they need to move forward with their legal matter. We don’t have to research, investigate or learn about real estate law matters. Our attorneys can answer on the spot in that initial consultation most real estate questions you may have as they have over 35 years of experience. They only do real estate and matters related to real estate!
McFerran Law has a Special $150 New Matter Consultation Rate
Our business attorneys can meet with you by phone, Zoom or in our office for an up to a one-hour time period to go over, in detail, your legal matter and generally provide you valuable legal information to assist you in your individual situation. If your matter will require additional services, your attorney will generally be able to provide you an estimate for such services as well.