When buying or selling a business there are a number of issues to consider and ultimately resolve in order to ensure that both parties receive what they have bargained for and to make
If you set up a Revocable Living Trust (What is a Living Trust?) for estate planning purposes, you probably did so with the belief that it would make administration of your estate easy,
Finding the right attorney to assist you in designing an estate plan can be a daunting task. Some people believe that every attorney is capable of providing competent counsel and others shop for
If you are like me you get to the last few months of the year and think about how to give gifts to your children or others that you love. Funny… the IRS
If you are Men’s Wearhouse, Inc, the answer is a big fat NO! Earlier this week, rival company Jos. A. Bank Clothiers, Inc. offered Men’s Wearhouse $2.3 billion to buy them out. Men’s
One of the most important considerations in a Buy-Sell Agreement is the valuation method to determine the price at which a business owner may, or is required, to purchase the departing owner’s interest.
In my previous blog post entitled Protect Your Virginia Business with a Buy-Sell Agreement, I wrote in depth about the three essential terms of a buy-sell agreement. I coined the second element as
Do you own a small business or plan to start a new business with a partner/co-owner? Have you considered what will happen in the event of your death or your business partner’s death?
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