By Jeffrey P. Hart Every closely held business with more than one shareholder should have a shareholders’ agreement or a buy-sell agreement among the owners. These agreements generally provide for the purchase by the company (or by the other shareholders) of a shareholder’s stock on the occurrence of various possible triggering events. These events include [...]
Archive | Legal
Estate Planning for Business Owners
Posted on 13 March 2011.
By Jeffrey P. Hart, Esq. and Karen L. McKenna, Esq. 1 Introduction Private and family owned businesses are estimated to comprise as much as 90 percent of businesses in the United States. Such businesses are often the primary source of income for the owners and their families. While owners often groom one or more [...]
Posted in Legal, Wealth Magagement0 Comments
Use Your Business Lawyer Wisely
Posted on 10 March 2011.
By Sarah C. Richmond Many companies do not work with their lawyer in a very efficient way, and as a result end up spending significantly more money than is necessary for services that are less than optimal. Keep the following in mind to improve your company’s legal services in terms of cost, effectiveness and responsiveness. [...]
Posted in Legal0 Comments
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