Business Entity Formation

Choosing a business entity is one of a businesses’ most important initial decisions. As an owner, your personal liability, legal rights and obligations and tax responsibilities are affected by the business entity you select. At Sosin, Arnold & Schoenbeck, Ltd. our attorneys have extensive knowledge and experience in helping clients understand the legal aspects of business entity formation.

Whether you are an Illinois business owner testing a new venture, a seasoned business executive interested in a merger with another business, or a small to mid-size business owner looking to expand your company, our attorneys will assist you in developing and implementing an entity formation strategy commensurate with your goals. Thereafter, we can help you move forward with all your business planning needs.    

We advise our clients of their legal options and discuss practical business formation ideas available to them, including the use of the following types of entities:

  • C-Corporations
  • Limited Liability Companies (LLC)
  • Limited Liability Partnerships (LLP)
  • Partnerships
  • S-Corporations

In forming a business entity, Sosin, Arnold & Schoenbeck, Ltd. will draft or assist in drafting the organization’s governing documents and critical agreements, including:

  • Buy-Sell Agreements
  • Corporate By-Laws
  • Employee Handbooks
  • Operating Agreements for LLCs
  • Partnership Agreements
  • Shareholder Agreements for Corporations
  • Voting Trusts

Our attorneys take a business approach to resolving your legal concerns.

Contact Attorneys: David B. Sosin, George J. Arnold, II, and George L. Schoenbeck, III

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