Episode 22:

Mitchell C. Beinhaker, Esq. is a business lawyer and estates attorney who runs a solo legal & consulting practice representing business owners, entrepreneurs, executives, and professionals. Through his 29+ years of experience, Mitchell has handled business development, marketing, firm management, along with business transactional work for clients of the firm. He has extensive experience with corporate governance, commercial transactions, real estate, and risk analysis. Using his years of practical experience, he drafts contracts, negotiates purchases, and can manage outside counsel for any corporate situation. For business owners and executives, he creates and implements estate plans, along with succession plans to help companies continue for future generations.

What you’ll learn about in this episode:

• How Mitch got involved in law and how he accidentally started his practice helping small businesses and startups
• What are the most important legal items that a small business owner should handle when starting their business
• What is a corporate veil, and what would an attorney look for if you were to be sued
• What is the difference between an LLC and a corporation
• Why is it important for a small business to have an operating agreement
• Why estate planning is essential especially if you have a business partner
• Why do many people avoid having a will, and what are the consequences of not having a will or trust
• What is the 1031 exchange, and how does Mitch use it to help business owners
• Why does Mitch recommend having a series LLC for multiple real estate entities

Resources:

• Website: https://linktr.ee/beinhakerlaw
• LinkedIn: https://www.linkedin.com/in/beinhakerlaw/
• Facebook: https://www.facebook.com/beinhakerlaw/
• Twitter: https://twitter.com/beinhakerlaw