25 North Central Avenue

Staunton, VA 24401


Corporate and Business

TimberlakeSmith advises its clients across all aspects of their business operations. We can help from the inception of a business by drafting business plans and organizational documents, structuring financing, helping with investor relations, and assisting with government filings and compliance measures.

Choice of business entities can be one of the most challenging hurdles for new and small business owners. Our attorneys offer advice on all of the entity possibilities for your business, including all forms of corporations, limited liability companies and partnerships.

We deal with Virginia entities as well as foreign entities and whatever needs they may have. Once an entity is chosen, we help with any additional organizational needs. We regularly draft articles of incorporation, bylaws, operating agreements, shareholder agreements and other organizational documents. We can search available business names and assess the need for copyright and trade secret protections.

TimberlakeSmith also advises established businesses and non-profit entities. We are well grounded in estate and income tax law to assist with estate planning, succession planning and the transfer of closely held business interests. Such clients often require counseling in employment law, duties of officers and directors and compensation arrangements.

Finally, we can assist with business reorganizations, including mergers and acquisitions, asset sales and liquidations. We also help with the management of secured and unsecured loans from either large financial institutions or private debt sources.