Why a Growing Number of People are Incorporating Their Small Businesses and Personal Assets

Why do so many people incorporate their small businesses, property and major assets? Many people have been taking advantage of the benefits incorporating provides including strong protection from lawsuits, tax benefits and privacy.
By: Brett Schoneman / Companies Incorporated
 
Nov. 4, 2008 - PRLog -- The decision to incorporate a business or a persons assets is the first step in providing effective protection from personal liability, excessive taxation, and provides the entrepreneur or the savvy investor with an effective and powerful tool to aid in managing and growing their business ventures. There are many reasons to incorporate; incorporating forms a separate, distinct legal entity that can be utilized to safeguard a persons’ wealth and assets by separating them personally, from business liability, lawsuits, creditors and excessive taxation.

“By forming a Corporation or LLC, you are forming a separate "person", a legal entity that can own property, pay taxes, enter contracts and create income that is separate from yours. A corporation can sue and be sued on its own, thereby safeguarding the personal assets of the shareholders. This separation and safeguarding of personal assets and property is known as “limited liability,” states Kevin Wessell, author of “Build Your Financial Castle” and CEO of Companies Incorporated.

Companies Incorporated has been serving individuals and businesses with incorporating services, asset protection services and business credit building services since 1977.  Companies Incorporated also provides a treasure trove of free information on their website, www.companiesinc.com for those that wish to learn more about incorporating their business or assets, legal protection strategies and business credit building options.  They are even offering the book, “Build Your Financial Castle” for free for a limited time on their website - http://www.companiesinc.com/services/incorporate-book-dow...

“With the average person in the United States today experiencing five lawsuits in their lifetime and the odds favoring that one of these will result in the loss of the victims entire assets, people need to take the proper steps to protect themselves and their assets," emphasizes Mr. Wessell. “Companies Incorporated has one guiding principle and that is to protect our clients and their assets from lawsuits!”

Companies Incorporated encourages the public to visit their website and call toll free at 1-800-COMPANY (1-800-266-7269) to learn how to protect their assets and build their wealth. Even if people are just doing preliminary research or choose not to use the services Companies Incorporated provides, they welcome and encourage the public to call or visit their website with any questions they have or to help them better plot a successful asset protection and wealth building strategy.


About Companies Incorporated
Established in 1977, Companies Incorporated serves businesses and individuals by creating offshore companies, offshore banking services, incorporating services, establishing LLCs (Limited Liability Companies), tax reduction strategies, asset protection and privacy programs.

Companies Incorporated is based in the Los Angeles area at 28015 Smyth Drive, Santa Clarita, CA 91355. Telephone number: 1-800-266-7269. The website is: 1-800-COMPANY.com.

Companies Incorporated is a document filing organization and is not a law firm or accounting firm. The information presented is designed to provide accurate and authoritative information with regard to the subject matter covered. It is presented with the understanding that the organization is not engaged in rendering legal, accounting, or other professional advice. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

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1-800-COMPANY.com helps people form corporations / LLC's, build business credit, asset protection from lawsuits, purchase aged companies with pre-established credit, offshore trusts, offshore banking, create offshore hedge funds and other services.
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