Business Law Expertise

Business Planning
Business planning has multiple facets, but none more important than mapping a plan of action in the event of the death or disability of an owner. Buy-sell agreements provide stability for both owners and the family of owners. In a multiple owner business, the agreement will often require the sale and purchase of a deceased owner’s business share, a formula for determining the price/terms and a time frame for paying it off. Typically, life insurance is used to fund the purchase price to avoid a prolonged payoff.

Business planning also involves defensive strategies to protect business owners from personal liability, ownership strategies to phase in equity ownership for those in the next generation who are active in the business, and growth strategies where businesses are expanding their territories or services.

Business Formation and Transition Services
Our business legal services include preparation and drafting the organizational documents for newly formed corporations and limited liability companies. We also assist business owners in the review and drafting of simple to complex commercial contracts and real estate transactions. We have represented both sellers and purchasers in the sale or purchase of existing closely held businesseses.