Kendall County Limited Liability Company and Holding Company Attorney

Oswego Parent and Subsidiary Company Attorney Serving Kendall County

Business entity start-ups and commercial real estate involve significant legal and financial risks. A "parent company" functions as an umbrella organization, which may own several divisions and businesses within that parent company. Multiple LLCs and Series LLCs may often be required to divide the legal risks and maximize profitability. Ownership of multiple commercial entities and properties entails substantial liability and legal risks. At Gateville Law Firm, we will provide you with guidance on your business structure through various strategies, including:

• Parent Company Subsidiary Relationship – When a business, franchise, or real estate company has several lines of business or multiple locations, a Series LLC or a Parent Company-Subsidiary Business relationship minimizes liability concerns by allocating the financial and legal risks. A Parent Company-Subsidiary Business relationship is like a company offering virus protection on each company computer. Similarly, each commercial real estate property and business involves unforeseen legal risks, which can threaten the viability of a company or business. The purpose of a Parent Company-Subsidiary Business relationship involves independent businesses despite a "parent company" holding substantial ownership stakes in that independent legal company.
• Series LLCs for Real Estate Owners – Series LLCs are favored in Illinois because they simplify the complexity and costs of operating multiple LLCs. Creating a Series LLC for multiple rental properties significantly reduces one's legal liability concerns. If one series gets sued, it has little to no impact on the other properties. Most real estate owners own rental and commercial property in their personal names, and one liability concern can threaten their whole financial enterprise.
• Real Estate Asset Protection – The use of parent and subsidiary companies for real estate investments and business transactions minimizes one's legal risks and maximizes profitability. Real estate asset protection is the process of structuring ownership of rental property and commercial properties to protect against legal risks. Recessions and tough economic times can bring lawsuits, foreclosures, liens, and encumbrances where property owners lose millions of dollars in equity and real estate properties. Real estate owners who fail to adequately understand and do not act to protect their real estate and business interests are often victims of recessions, lawsuits, foreclosures, and other significant financial risks.

Real Estate Closings for Real Estate Investors and Commercial Property Owners in Joliet

Gateville Law Firm offers real estate closings to real estate investors and commercial property owners in Yorkville, Oswego, Kendall County, and the Fox Valley and Southwest Suburbs. The purchase and sale of commercial real estate and investment real estate requires multi-faceted legal knowledge, which most real estate attorneys fail to understand. Unlike the local real estate attorneys, Gateville Law Firm offers tax planning, real estate, asset protection, business law, and asset protection services coupled together.

LLC Formation Attorney for DeKalb County, including Business Asset Protection and Real Estate Transactions

Gateville Law Firm is the best Fox Valley law firm for business counseling and transactions involving simple to complex real estate transactions. The purchase and sale of commercial property includes significant legal issues, including:

• Business formation and start-up legal representation, including drafting of LLC Operating Agreements and forming Articles of Organization
• Tax planning and business planning strategies designed to maximize business structure and asset protection and maximize profitability
• Structure of Series LLCs and Parent and Subsidiary Company Relationships
• Business counseling and entrepreneurship advice from successful entrepreneurs and attorneys
• Purchase, lease, and sale of commercial properties, including rental properties and commercial buildings
• Asset protection and estate planning legal representation designed to maximize asset protection and create a smooth process upon death or incapacity, including drafting of buy-sell agreements

Contact Your Kendall County Business Transactions and Real Estate Law Firm

At Gateville Law Firm, the firm has a broad range of legal knowledge ranging from tax planning, business formation and asset protection, commercial real estate, and business transaction experience. The firm has over 25 years of experience involving a broad range of business and commercial transactions. Our attorneys and support team guide entrepreneurs, medical practice owners, dental practice owners, healthcare professionals including physicians and doctors, and franchise owners on their sophisticated business and legal concerns. Call us at 630-780-1034 or contact us via email. We are proud to serve clients in Sandwich, Will County, Bristol, Kendall County, Yorkville, Oswego, Joliet, Plainfield, DeKalb County, Grundy County, Somonauk, Shorewood, and throughout the Fox Valley.