Why Relying on Legal Templates Instead of Lawyers Will Leave You With a Mess

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In the whirlwind of launching your dream business, it’s easy to get caught up in the excitement and innovation that fuel your days. Amidst this buzz, it’s tempting to look for shortcuts, especially when it comes to the less thrilling aspects of entrepreneurship, like setup of your legal entity, board resolutions, legal agreements, and compliance matters across the board. 

The digital age offers a plethora of quick-fix legal templates, promising to save you time and money. But here’s the heart-to-heart truth: when it comes to protecting your passion project, these impersonal solutions fall short. 

Here’s why embracing the guidance of a dedicated lawyer isn’t just a choice—it’s a cornerstone for your startup’s success.

The Personal Touch: Why Your Startup’s Legal Backbone Needs a Human Element

Imagine crafting a bespoke suit with a generic sewing pattern—it just doesn’t fit right. The same goes for your startup’s legal structure. Online templates can’t possibly understand the nuances of your vision or the intricacies of your business, or your life & legacy. Legal templates are  the equivalent of trying to navigate your startup’s unique journey with a map meant for someone else. It’s not just about legal documents; it’s about crafting a legal foundation that mirrors your business’s unique identity and aspirations.

Navigating the Legal Maze: Accuracy, Compliance, and Peace of Mind

Compliance isn’t just a box to tick; it’s the armor that protects your business from unforeseen legal battles. Generic online templates are a gamble—they might not be up-to-date with the latest laws or tailored to your state’s regulations. It’s like sailing in stormy seas without a compass; you might make it, but it’s risky. A flesh-and-blood lawyer will not only ensure every legal “i” is dotted and “t” is crossed but that you’ve considered the implications of each of your choices, thoroughly – because the reality is, what you don’t know that you don’t know is what will hurt you. And, when we’re guiding you through decision-making, we ensure you consider what you must know and not what you can leave to us.

More Than Just Drafting Documents – The Importance of a Trusted Advisor

Your business needs more than just compliance and documents. You need someone to look at the whole picture of your startup with your business’s current reality plus future goals, including growth and exit plans in mind.  That’s why, as a LIFTed Business Advisor, I bring more to the table than just the Legal side of LIFT. To reach your business dreams, you need your Legal, Insurance, Financial, and Tax foundations set up and aligned with your vision of where you want to go in your life and business. 

Beyond the Launch: Growing Together

Your startup is a living, breathing entity, destined to evolve. What fits now might not fit a year down the line. This is where the beauty of a relationship with a real, flesh-and-blood advisor shines. Unlike online forms, I’m not just there for the setup; I’m here to help you adapt your strategies as your business grows and changes. This isn’t a one-off transaction; it’s a journey we take together, ensuring your LIFT strategies evolve as dynamically as your business does.

Crafting a Legacy: Protecting What Matters Most

Let’s talk about the future—your vision doesn’t stop at market success. It’s about building a legacy, something that lasts beyond your tenure. Succession planning might seem distant, especially when you’re in the throes of the daily grind, but it’s the ultimate expression of care for your business and the loved ones who stand behind your dreams. This is where we come in, not just as your lawyers but as your strategic partners in weaving the future you envision.

Ready to Protect Your Dream?

We’re not here to just fill out paperwork. We’re here to understand your dream, protect it, and help it grow. If you’re ready to give your startup the legal, insurance, financial, and tax foundation it deserves, let’s start the conversation. Schedule your complimentary Discovery Call today and let’s explore how we can tailor a LIFT strategy that’s as unique as your startup.

Your business is more than a venture; it’s a vision. And every vision deserves to be protected with care, expertise, and a personal touch. Let’s make sure your strategy reflects that.

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This article is a service of Allison Cochran, Personal Family Lawyer®. We offer a complete spectrum of legal services for businesses and can help you make the wisest choices with your business throughout life and in the event of your death. We also offer a LIFT Business Breakthrough Session™, which includes a review of all the legal, financial, and tax systems you need for your business. Call us today to schedule.

 

The content is sourced from Personal Family Lawyer® for use by Personal Family Lawyer® firms, a source believed to be providing accurate information. This material was created for educational and informational purposes only and is not intended as ERISA, tax, legal, or investment advice. If you are seeking legal advice specific to your needs, such advice services must be obtained on your own separate from this educational material.

 

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