We work with clients to help them choose and form the appropriate entity to meet their business planning needs, and, if requested, we will assist clients with the maintenance of those entities. In addition, we advise clients regarding business succession planning, including the preparation of important agreements, including, shareholders agreements, partnership agreements, operating agreements and “buy-sell” agreements.
Quite often it is the case that the transition of a family business will be the most significant transaction in the owners lifetime. Typically, the goals include identifying a tax efficient way to make transfers that are integrated into the owner's estate plan.
We have extensive experience advising business owners in all areas related to business succession planning.
The Michael Law Group, P.C.
200 West Madison Street, Suite 2100, Chicago, Illinois 60606 • 560 Frontage Road, Suite 300, Northfield, Illinois 60093*
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*By appointment Only