Diligent corporate estate planning is as important as preventative medicine for your personal health. As important as incorporation is, it is equally imperative to follow the necessary “corporate formalities” required in the State of Georgia. Following corporate formalities allows you to retain the legal protection you sought, when you decided to incorporate your business.

Some formalities are as simple as maintaining separate corporate and personal bank accounts and not using business assets for personal use. Other formalities are more detailed, such as record keeping, knowing when to hold a meeting of your board of directors, developing a budget, and appropriate tax planning.

Call Meriwether & Tharp LLC at (678) 879-9000 to learn about the benefits of proper corporate estate planning for your business, or email us at businesslaw@mtlawoffice.com. One of our experienced and knowledgeable attorneys will be happy to discuss the pros and cons of your current operation, as well as providing you with the information you need to better ensure that these formalities are maintained into the future of your business.