Forming Corporations and Other Entities

Whether you have startups, large corporations, or High Net Worth individuals as clients, you need to know the essentials of entity formation. You'll learn the differences between entity forms, advantages and disadvantages, formation processes/procedures, and best practices. Then you'll practice by drafting formation docs for a new entity.

This class starts by introducing participants to the various entity forms, their characteristics, relative advantages and disadvantages, and method of formation. Next, the class dives deeper into the actual steps and documentation needed to form each of these entity types, with a particular emphasis on Delaware. The class then examines the particular nuances, best practices, and practice tips for forming a corporation, limited liability company, and a limited partnership in Delaware.

Level: Basic-Foundational

Upon completion of this Master Class, participants are able to:

• Recognize the different types of entity structures and basic differences among them

• Determine the appropriate structure for a given client/situation

• Form a simple Delaware corporation

• Draft the relevant corporate documents

Participants will be asked to complete the formation documents for a new entity, using precedent and checklists provided in the additional materials.

2 CLE Credits is available for each course.