Business & Corporate Planning
Advice and counsel to small- and medium-size business clients is a significant aspect of our practice and includes business formation, set up of pension plans, contract review, and employment issues. Clients include individual consultants, physicians, production companies, contractors, architects, a publishing company, automotive repair, mortgage lenders, real estate firms, an escrow company, retailers, investors, steel firms, engineering firms, developers, building owners, suppliers, restaurants, manufacturers, computer support firms, and technology-based companies.
Organization of a business entity requires an evaluation of personal liability, management, tax and maintenance considerations. Choices include a sole proprietorship, general partnership, limited partnership, limited liability partnership for certain professionals, a limited liability company, or a corporation (regular or S corporation).
Succession planning with use of buy-sell agreements and careful integration with estate planning presents an opportunity for a family-owned business to reduce the estate tax burden. Our experience in both the estate planning field and business law area presents a clear advantage in serving the needs of our clients.