Business

Assisting businesses with entity formation, governance and transactions.

We view our business services as an integral component to our other practice areas of estate and income tax planning.  This comprehensive approach allows us to advise clients in a more effective and efficient manner as we evaluate and analyze each client situation. 

Entity Formation

Entity formation can be a difficult area to navigate when balancing the many factors that go into selecting the appropriate business form.  We guide our clients on proper entity selection and formation including: corporations (including subchapter C and S and charitable foundations), limited liability companies (LLC’s), partnerships, limited partnerships (LP’s), and limited liability partnerships (LLP’s). 

Entity Governance

Entity governance is often overlooked and underappreciated until a significant transaction occurs within the business.  We continue our involvement through ancillary documents such as: board and shareholder consents, shareholder agreements, periodic state filings, tax filings as well as more day-to-day documents such as offer letters, non-disclosure agreements, stock/membership interest plans and issuance.

Transactional Assistance

Lastly, transactional assistance is something we do quite frequently.  This includes equity and debt financing documents such as stock purchase agreements or promissory notes.  Often times we advise businesses in conjunction with the business owner’s estate or income tax planning through the use of limited partnerships, intentionally defective grantor trusts (IDGTs), grantor retained annuity trusts (GRATs), buy/sell agreements.