Entity formation is a core aspect of starting any new business. Unfortunately, many clients grossly underestimate the critical importance of creating a business structure that can change as your business changes. The act of formally creating a business entity (and its supporting agreements) can have significant ramifications on tax liability, potential asset risks, member/shareholder disputes, missed investment opportunities and unanticipated dissolution scenarios. Working with an experienced business formation lawyer in Lexington can ensure that these issues are thoroughly investigated and that a personalized business formation strategy will be developed for the benefit of your business. Richard David Lom has worked with numerous clients in the three key areas of

1. Setting up a proper entity type (LLC, Inc, LP, etc.)
2. Drafting of fully vetted operating agreements or articles of organization
3. Setting up of all state and federal tax accounts

Richard can also assist with any other initial business formation matters you may have, such as pre-formation agreements, conducting trademark or trade name searches, consulting on executive and employee issues, and modifying your estate plans.