This law firm provides planning with an eye toward the financial, tax, family and business considerations associated with buying and selling of businesses. Determining the choice of entity (regular C corporation, S corporation, LLC, limited partnership, family limited partnerships, etc.) for the acquisition; to optimize; tax benefits is also considered and determined.
Our many years of experience in tax and legal business planning allow us to address the complex issues of buying or selling a business. We can assist you in developing and implementing a strategically sound plan that will facilitate this transaction.
The proper legal documentation to facilitate the structuring of the purchase or sale of a business is a critical step in the process of buying or selling a business. Using proper due care and diligence in crafting of the legal documents to address the particular terms of the transaction as well as other required provisions such as warranties, representations and guarantees is essential and imperative.
As part of this process, we also address critical issues such as cash flow analysis, tax considerations, and proper security terms and mechanisms to insure that the amount due from any sale is received by the seller.
In any event, critical to any successful business sale is the drafting of carefully thought out legal documents.
In certain situations, the use of various tax-free reorganizations, mergers or Section 355 spin-offs, to facilitate the re-organization of business operations for tax or practical reasons may be employed for maximum tax effect.