We will address tax matters, contractual needs, estate, trusts, wills, business structure, and help plan for succession or exit when the time comes. The legal aspect of financial positions and transactions is a vital part of the overall success of any business and personal wealth accumulation process. Even if the financial aspects of an opportunity or problem seem to be in order there needs to be support provided to ensure the activity at hand meets the legal requirements necessary to ensure the situation is resolved.
Our Legal Servics Include:
Tax Controversies & Litigation
If you become involved in litigation or have tax disputes we will support your business and personal needs. Our professionals are experienced litigators and will do what we can to handle all IRS or other tax authority communications, negotiate settlements if needed, and if required represent you in court.
Business Formation
When companies set-up operations they need to select an entity type. This could be a corporation, partnership, sole proprietor and many other versions to legal options to consider. Each option offers different protection. What worked for a business when they opened their doors may not be the best solution for where they are headed. We examine and explain possible business entity options to enhance your business and personal asset protection or for tax benefits.
Succession Planning
Every owner needs to plan for succession or exit of their business. This may be an internal sale to employees, a transfer to family, or an external sale to a third party. We will help address the legal aspects, as well as the financial diligence when planning your strategy. A few items to give consideration to include; non-compete contracts with key employees, confidentiality agreements, the tax impact of a transfer to family members, and post-proceeds tax planning.
Purchases & Sales of Closely Held Businesses
The purchase or sale of a business is an endeavor fraught with complexity and many uncertainties. It is critical to pursue a process in the purchase or sale which protects from unwanted disclosure of the contemplated transaction to employees, suppliers, and customers and also prevents a counterparty from obtaining proprietary information about the business and then using that information after withdrawing from negotiations. Once protected the business owner can then engage in due diligence on proceed to effectuate a transaction.
Estate & Trust Administration
Assisting executors and trustees with the marshalling, accounting, and transferring of assets to heirs or beneficiaries can be a daunting undertaking for people who have not acted as a fiduciary in the past. We provide full service assistance to fiduciaries who prefer to receive professional assistance on all aspects of administration. However, also aide experienced fiduciaries with limited engagements such as simply preparing Inheritance, Estate, or Income Tax returns for the Estate.
Estate Planning
Estate planning has undergone radical changes, but is a necessary and vital part of the preservation and transfer of assets. We will help design or amend an estate plan that executes your wishes. Whether you want to gift money, establish a trust, donate to charity, or ensure your assets are protected and/or transferred to your family we can create and monitor an estate plan for you.