Have you ever thought about utilizing LegalZoom to form your LLC? If so, you may want to think twice before doing so. There are many potential risks and pitfalls associated with using an online platform such as LegalZoom to form an LLC that could cause severe problems for your business down the line. Let’s examine why it is important to be wary of the services provided by LegalZoom when it comes to forming an LLC.
The Benefits of Professional Help When Forming an LLC
While using a service like LegalZoom may seem like a cost-effective solution for starting your business, it is really just a low-cost quick fix. The truth is that there are many benefits in seeking professional help when forming an LLC. A qualified attorney can review all relevant documents and provide advice on areas such as choice of entity, liability protection, and contract negotiation. This will ensure that your business will have the legal protection needed when formed and continuing in the future.
In contrast, if you opt to use a service like LegalZoom instead of consulting an experienced lawyer, you may not get all of the protections needed for your business. Additionally, you will not get expert advice on what entity structure most aligns with your business goals. Furthermore, if any disputes arise between shareholders or other stakeholders in the company, having a qualified attorney by your side will ensure that they are handled quickly and efficiently.
Why Using LegalZoom Can Be Dangerous For Your Business
Using a service like LegalZoom can also be dangerous because it does not provide personalized advice tailored specifically to your needs. Instead, these services simply offer extremely generalized templates or standard forms which probably do not adequately address all of the issues related to starting an LLC in your state or jurisdiction. Without professional guidance from a knowledgeable attorney, you could be putting yourself at risk for costly mistakes that could have been easily avoided at a much cheaper price point with proper legal counsel.
In conclusion, while using a service like LegalZoom may seem like a cost-effective way to form your LLC at first glance, it is important to understand the risks associated with this decision before taking action. If you need assistance setting up an LLC for your business, make sure that you consult with a qualified attorney who can provide personalized advice and guidance tailored specifically to your situation and needs. Doing so will ensure that everything is done correctly from the start and protect both yourself and your business from potential issues down the road. Contact The South Texas Business Lawyers today for a free 15-minute consultation!
Disclaimer: This article is made available for educational purposes only, to give you general information and a general understanding of the law, not to provide specific legal advice. By using this article, you understand and acknowledge that no attorney-client relationship is formed between you and The South Texas Business Lawyers, nor should any such relationship be implied. This article should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.
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