Friday, December 25, 2009

IMPORTANCE OF ENTITY PROTECTION – LIMITED PERSONAL LIABILITY-EARLY INVOLVEMENT OF PROFESSIONALS

IMPORTANCE OF ENTITY PROTECTION – LIMITED PERSONAL LIABILITY

EARLY INVOLVEMENT OF YOUR NEVADA BUSINESS LAWYER IS ESSENTIAL

Importance of Having your Attorney as your Registered Agent (continued)

There are many advantages when designating your attorney as your third-party registered agent. First, since the registered agent list is one of public record, the agent’s legal address will be the one listed in all official public documents. Second, an attorney agent allows the business owner to travel for business or pleasure without the risk of default judgment because of a missed lawsuit. Third, attorney agents can easily maintain systems to keep track of filings, notifications and publishing requirements of business entities to ensure that it misses none of the requisite government filings. Fourth, an attorney agent can ensure that your business remains in “Good Standing” within the jurisdiction in which it resides. Fifth, receiving service of process at a company’s primary place of business can spark rumors among customers and employees. Thus, designating a separate address for receiving service of process avoids this issue altogether. Sixth, attorneys understand the law regarding service of process and proper registration, thus, assisting a business entity to avoid liability.


Disclaimer: This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. If you have questions or need specific advice relating to the matters contained herein, please contact Lovaas & Lehtinen, P.C.

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