Nashua Personal Injury Attorneys
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Nashua business owner has concerns about the continuation of her business after her death by her loved ones and how to avoid probate. The probate process can be especially complicated and expensive for a business. It can be quite a process to petition the court for an expedited appointment of an executor, administrator (or other […]
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Nashua Business Owner Has Questions The Covid-19 pandemic has created a new sense of urgency in the local business community to implement or update their business succession plans. A comprehensive business succession plan will increase the chances that a business will survive the retirement, disability, or death of its owner. A good plan will combine […]
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New Hampshire dentists (and other health care professionals) should tread carefully with their agreements with management and consulting vendors. A key issue in a health care transaction between licensed healthcare professionals and non-professionals providing comprehensive management services is whether the agreement will run afoul of state rules prohibiting the corporate practice of medicine, dentistry or […]
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Nashua, New Hampshire start-up business has questions about the basics of operating as an LLC Our firm frequently consults with start-up and mature companies regarding the nature of the terms that govern their business relationship. In the parlance of the LLC, an owner of an LLC is referred to as a “member”. 1. Choice of […]
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What Are Motivating Factors For Estate Planning And Business Planning? A recent client consultation touched on the “whys” of estate planning and business planning. As in, what do most people want to accomplish when they come in to our offices? Here is my unofficial “top five” list. 1. Incapacity planning for an aging loved (including […]
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After many years in business, an S-Corporation with two employees and two shareholders/owners has decided to close down the business. It seems like a simple process. Closing a business is indeed a process; but in New Hampshire the process is not necessarily simple. First, to dissolve a business, it must be authorized by a vote […]
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The treatment of money allocated to goodwill and non-compete agreement in business sales concerned a Nashua area small business owner. The business owner had been working with a business intermediary (business broker) to sell her business. The attorneys were brought in very late in the transaction. Until that time, for whatever reason, little attention was […]
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5 Important Considerations Many New Hampshire business owners have questions about selling their business. Here are five tips to assist a business owner to familiarize themselves with the process: 1.Make Sure Potential Buyers Are Qualified Working with a buyer who will not be able to complete a transaction is a huge waste of time (and […]
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Nashua business owner has concerns about how to avoid (or minimize) being “double taxed” when he sells his business that has been operated as a C-corporation Selling a business requires careful tax planning; especially where a business has operated as a closely held C corporation and the proposed structure of the deal is an asset […]
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We recently had a Nashua business owner voice concerns about how to avoid “business probate”. There are a variety of methods of providing a smooth non-probate succession for small business owners.If there are multiple owners, then there should be buy-sell agreements embedded in the governing documents: LLC Operating Agreement; Shareholder Agreement; Partnership Agreement; These can […]
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