We the People Service...anygood?

Has anybody used the company We The People to form their business entity? I know what entity I want to form but an attorney wanted to charge me $2500 per entity…that is expensive!!

well it depends on what the $2500 includes.

i’m sure it was more than just filing. did you ask what the $2500 included?

that was just for the filing!!!

I heard mwagner on this forum charges $200 per LLC and also gives great advice!

The more you pay the more hand-holding and consulting you should get. For $2,500, he better review your entire estate/financial plan, file all the paperwork, customize all the documents, conduct the initial meetings, and provide free answers to questions for a year. You should also receive a corporate seal and all your documents should come in personalized binder with extra forms you may need for the entity.

It’s really a question of how much you have to protect and how much you are willing to spend. Most of the stuff under $1,000 is OK for most people. It’s not the absolute best (think VW versus Mercedes), but it can do the job for the most part. If you don’t have millions to protect, there really is no reason to spend tens of thousands of dollars. That money is better spent on insurance and building the business