Closely Held Business Entity Formation

At some point, you will be asked to do this. Whether you specialize in business law, real estate, or estate planning, this is a no-brainer for your toolbox.


WHY YOU NEED IT

At some point, you will be asked to do this. Whether you specialize in business law, real estate, or estate planning, this is a no-brainer for your toolbox.

Assess the options and avoid pitfalls by seeing how experienced lawyers would structure a company and draft governing documents. Recommend the most appropriate entity and put the business on track for success.

WHAT YOU WILL LEARN TO DO
  • Guide clients through difficult decisions by exploring their experience, goals, and resources
  • Advise clients on when to seek input from CPAs, insurance agents, lenders, and other experts
  • Recommend the most appropriate entity structure for the client’s business
  • Draft governing documents that clearly define control and ownership rights
  • Structure the business to minimize the tax impact on the client
LESSONS
  • Client Intake

    Identify your client and avoid conflicts. Explore your client’s goals and plans with the right questions.

    Establish the Attorney-Client Relationship

    Gather Information About the Business

  • Advising on Choice of Entity

    Achieve your client’s goals by collaboratively working with a CPA to assess tax implications and select the right entity.

    Assess Key Financial Considerations

    Recommend the Entity Structure

  • Entity Formation

    Tackle key provisions. File the formation documents. Anticipate difficult future issues.

    Discuss Governing Agreement Provisions

    Draft Documents and Form the Entity

    Counsel the Client on Postformation Steps

CERTIFICATE DETAILS

FORMAT

Entirely Online

LEARN FROM

7 Experts

HOURS TO COMPLETE

8–10

SUBSCRIPTION

One Year

FEE

General: $395
ICLE Partner: $295

FAQs

BUY NOW
Learn from Experts including:
Jeffrey S. Ammon

is past chair of the State Bar of Michigan’s Business Law Section and a Schulman Award winner. He delivers a can’t-miss annotated operating agreement on why you should use certain provisions.

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Jehan Grashara Crump-Gibson

has assisted both for-profit and nonprofit entities with business-related and licensing issues. She lends her expertise to a discussion on governing agreement provisions.

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Justin A. Hanna

has been recognized as a Twenty in Their 20s by “Crain’s Detroit Business” and is a member of ICLE’s Business Law Advisory Board. See him discuss how to recommend the entity structure.

Learn More

CERTIFICATE DETAILS

FORMAT

Entirely Online

LEARN FROM

7 Experts

HOURS TO COMPLETE

8–10

SUBSCRIPTION

One Year

FEE

General: $395
ICLE Partner: $295

FAQs

BUY NOW

Buy the Online Certificate Now

Select Fee Category

General $395
ICLE Partner $295


Prices guaranteed until 06/30/20. Available for individual purchase only. Full payment is due at sign-up and is nonrefundable and nontransferable. You have the option to renew your subscription at a discounted renewal price. All online certificates are governed by a subscriber agreement. One-year subscriber agreement: www.icle.org/onlinecertagree.