From the category archives:

Sale of Business

NY Wills — Why you need one and the Role of an Executor

A will is one of the basic doc­u­ments that you will need for your estate plan­ning. If you die with­out a will, New York State Intes­tacy laws will dic­tate the how your estate shall be dis­trib­uted in addi­tion to the method of mak­ing such a dis­tri­b­u­tion.   This can have dra­matic con­se­quences. A will allows […]

Why you Should Purchase the Assets of a Company Rather than the Stock

One of the prob­lems that you may encounter when buy­ing a busi­ness in New York is under­stand­ing how to struc­ture the pur­chase.  Basi­cally, there are two ways that you can buy a com­pany: Asset Pur­chase; Stock Pur­chase. In most cases, you will be bet­ter off pur­chas­ing the assets. There are three big ben­e­fits to buying […]

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What To Do If An Owner of A Business wants to Transfer its Interests

New Yorker’s are a mobile bunch. Espe­cially New York busi­ness own­ers. Busi­ness open and close every day.  It is risky to believe that your co-owners will still be with you five years down the line. It is likely that there will come a time when of your co-owners will want to sell his shares or […]

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Checklist for sale of a business

If you are plan­ning to sell or buy the assets of a cor­po­ra­tion, before you go to your lawyers office you should pro­vide the answers to the  fol­low­ing ques­tions: Names and addresses of every­one involved in the sale All assets and prop­erty that will be in part of the sale What monies are being paid? What are the […]

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