LegalFaces.com

---

What's the right type of business formation for me?

Choosing a business entity is so important when starting a business because it impacts dramatically on both the legal protection that the business entity affords and also on your tax consequences. So you have to have a competent attorney to assist you in making these decisions. Because if you don’t, then you’re going to pay more taxes then you should and you’re not going to have the protection that you need in order to properly operate the business. I’m Jeff Matsen and I’m the founding and managing partner of Wealth Strategies Counsel. We help people preserve, protect and transfer their legacy to the next generation in the most cost saving and efficient manner possible.

tags: business law business formation business transactions incorporation succession planning exit strategy business litigation contracts legal counsel shareholder agreements partnership agreements family limited partnerships limited liability formation wealth strategies counsel jeffrey matsen jeff matsen lawyer legal law firm california ca orange county irvine newport beach santa ana huntington beach

attorney: Wealth Strategies Counsel

---

How can I protect my rental property from creditor claims?

You can protect your rental real property from claims of creditors by placing it in a liability protected entity such as a limited liability company. Obviously, you should also have adequate insurance, and you should make sure that the insurance coverage you do have covers all of the problems that might arise. I'm Jeff Matsen and I'm the and founding and managing partner of Wealth Strategies Counsel. We help people preserve, protect and transfer their legacy to the next generation in the most cost-saving and efficient manner possible.

tags: real estate law rental property sales and acquisitions joint venture agreement construction contracts rental property commercial property commercial lease family limited partnerships limited liability formation wealth strategies counsel jeffrey matsen jeff matsen lawyer legal law firm california ca orange county irvine newport beach santa ana huntington beach

attorney: Wealth Strategies Counsel

---

What's the #1 mistake when buying commercial property?

The number one mistake people make in buying commercial property is they don't carefully analyze the vehicle in which they utilize to purchase the property. They need to make sure that they have the proper liability protected entity in which to place the property. And they also need to make sure, of course, that they are getting what they're paying for. They need to make sure that the representations of the seller, the disclosure of the seller, is complete and exhaustive. They need someone to review those disclosures who has experience in real estate and knows what the problems can be. I'm Jeff Matsen and I'm the founding and managing partner of Wealth Strategies Counsel. We help people preserve, protect and transfer their legacy the next generation in the most cost saving and efficient manner possible.

tags: real estate law purchase agreement sales and acquisitions joint venture agreement construction contracts rental property commercial property commercial lease family limited partnerships limited liability formation wealth strategies counsel jeffrey matsen jeff matsen lawyer legal law firm california ca orange county irvine newport beach santa ana huntington beach

attorney: Wealth Strategies Counsel

---

What is involved with a purchase or sale of a business?

There are many factors involved in the purchase and sale of the business that we call lack of review and assistance. But respect to sale of the business, the seller wants to be protected from the buyer having buyer’s remorse and coming back and if the buyer doesn’t business and turn up away the way the buyer wants it to; suing the seller for misrepresentations. The buyer wants to make sure that the seller has properly made the right representations that they know what they are buying; they are getting what they are paying for. Both the buyer and the seller are very concerned about tax consequences. They need to make sure that the agreement is structures properly with respect to the tax aspects. I am Jep Matsen and I am the founding and managing partner of Wealth Strategies council. We have people preserve, protect and transfer their legacy to the next generation, in the most cost saving and efficient manner possible.

tags: business law business purchase business transactions business formation incorporation succession planning exit strategy business litigation contracts legal counsel shareholder agreements partnership agreements family limited partnerships limited liability formation wealth strategies counsel jeffrey matsen jeff matsen lawyer legal law firm california ca orange county irvine newport beach santa ana huntington beach

attorney: Wealth Strategies Counsel

---

What's the #1 mistake you see businesses making today?

The number one mistake that I see businesses make today is that they don't realize the different alternatives that they have to grow their business and to save taxes and to preserve their employee relationship that they have with their key trusted employees. I'm Jeff Matson and I'm the founding and managing partner of Wells Strategies Council. We help people preserve, protect and transfer their legacy to the next generation in the most cost saving and efficient manner possible.

tags: business law common mistake incorporation succession planning exit strategy business litigation contracts legal counsel shareholder agreements partnership agreements family limited partnerships limited liability formation wealth strategies counsel jeffrey matsen jeff matsen lawyer legal law firm california ca orange county irvine newport beach santa ana huntington beach

attorney: Wealth Strategies Counsel

---

What is an attorney's role in a real estate sale?

If you're selling real property, you should have a lawyer advise you because the buyer is entitled to a complete disclosure from you, with respect to the property. And if you don't provide those proper disclosures, the buyer can come back and sue you for misrepresentation, fraud, and failure to disclose. You need a lawyer to properly word and structure the disclosures, so that you're completely protected. If possible, it's good to have an as-if clause added in the contract. I'm Jeff Matsen and I'm the founding and managing partner of Wealth Strategies Counsel. We help people preserve, protect, and transfer their legacy to the next generation, in the most cost saving and efficient manner possible.

tags: real estate law legal advice lease agreements sales and acquisitions rental rental property commercial property joint venture agreement construction contracts commercial lease family limited partnerships limited liability formation wealth strategies counsel jeffrey matsen jeff matsen lawyer legal law firm california ca orange county irvine newport beach santa ana huntington beach

attorney: Wealth Strategies Counsel

---

What should real estate buyers be the most aware of?

If you're the buyer of legal property, some of the major legal concerns you should have deal with the representations and disclosures made to you by the seller. You also need to make sure that the title policy is in effect, and that if there are zoning or other requirements, that you are aware of those zonings and they fit into what your development or purchase plans are. I'm Jeff Matsen and I'm the founding and managing partner of Wealth Strategies Counsel. We help people preserve, protect and transfer their legacy to the next generation in the most cost saving and efficient manner possible.

tags: real estate law real estate purchase lease agreements sales and acquisitions rental rental property commercial property joint venture agreement construction contracts commercial lease family limited partnerships limited liability formation wealth strategies counsel jeffrey matsen jeff matsen lawyer legal law firm california ca orange county irvine newport beach santa ana huntington beach

attorney: Wealth Strategies Counsel

---

Can Wealth Strategies Counsel help an ongoing business?

We can help a buisness that's already succesful by making it more succesful. We can help them save money in taxes, we can help protect and preserve what they have created, and we have different kinds of ideas for treatment of employees, retirement plans, exit strategies. All these things are important for the succesful buisness owner. We want to help you grow your buisness and protect what you've accumulated, and we want for you to be able to pass it on at a time when you're ready to retire. I'm Jeff Matsen and I'm the founding and managing partner of Wealth Strategies Council. We help people preserve, protect, and transfer their legacy to the next generation in the most cost-saving and efficient manner possible.

tags: business law legal advice business transactions incorporation succession planning exit strategy business litigation contracts legal counsel shareholder agreements partnership agreements family limited partnerships limited liability formation wealth strategies counsel jeffrey matsen jeff matsen lawyer legal law firm california ca orange county irvine newport beach santa ana huntington beach

attorney: Wealth Strategies Counsel