Business Formation & Succession
Start it right, run it protected, and pass it on without losing it.
Business formation is setting your company up correctly from day one — the right entity, the right ownership papers, and the right protections.
Succession planning is deciding, in advance, who takes over and how, so the business survives a sale, a retirement, or a death without falling apart.
Overview
What This Means For You
Many businesses are formed with a cheap online filing and no real agreement. That leaves owners exposed and families fighting later. And most owners never plan for the handoff, so a sudden illness or death can undo in weeks what took decades to build.
Our Services
Explore our range of services designed to help you move forward with confidence, wherever you're headed next.
Limited Liability Companies (LLCs) — The most versatile and popular entity for small and mid-sized businesses, offering limited liability, pass-through taxation, and operational flexibility. We specialize in both Illinois and Wyoming LLCs, helping you select the jurisdiction that best serves your protection and tax objectives.
Corporations (S-Corp and C-Corp) — For businesses seeking formal governance structures, stock-based compensation, or public capital markets. We advise on the S-Corp election for tax-efficient pass-through treatment and C-Corp structuring for growth and investment.
Series LLCs — A powerful structure for real estate investors holding multiple properties, allowing each property to be isolated in its own protected series without the cost of forming separate entities.
Professional Corporations and LLCs — For licensed professionals—attorneys, physicians, accountants—who require entity structures that comply with state professional practice regulations.
Co Limited Partnerships (LPs) — Ideal for family wealth transfer, real estate syndications, and investment structures that benefit from a separation of management and ownership.
What Makes DMAP Different?
We form businesses the way a protection attorney would — built to hold up from day one, with control and succession settled before problems arise. With MTG Tax Services alongside us, the tax side is handled too, so the structure is sound in law and in numbers.
1. We choose the right entity for your goals and your taxes.
2. We draft the ownership and operating agreements that prevent disputes.
3. We build in liability protection from the start.
4. We create a succession plan — who takes over, how, and when.
5. We coordinate with your estate and protection plans.