Montesino Law : Unique And Complex Needs

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Montesino Law understands that every business has unique and complex needs. It is important to take these needs into consideration when deciding what type of business entity is right for your business. This is where Montesino Law comes in! At Montesino Law, we will guide you through the network of entity options, while weighing the pros and cons of each class of entity against the needs of your business. Our only goal is your satisfaction through the upmost legal protection of your personal and business assets. Here you will find a basic description of some of the most common forms of business entities as an introduction to Montesino Law’s expertise in this area of law. As Montesino Law is located in Florida, many of our examples will be based on Florida law, yet our business expertise extends to all fifty States. Sole Proprietorship The vast majority of businesses in Florida and the United States are referred to as sole proprietorships. These are simply businesses owned by a single person, with which, there is no legal distinction between the owner of the business and the business itself. Sole proprietorships are the simplest type of business entity to create, yet also come with a lot of financial hazards. To set up a sole proprietorship in Florida, one can simply go into business. The simplicity of creating a sole proprietorship is also reflective of the taxation, duration, and personal asset liability protection principles that accompany this type of entity. Unlike the

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