Starting a Business
The decision to start a business raises a number of legal, tax and financial issues that must be carefully examined before incorporating or starting a business. Wayne Zell works closely with clients in explaining the tax ramifications, liability and indemnification concerns and financial reporting obligations associated with different business entities.
For corporations, we will draft articles of incorporation, bylaws, organizational minutes and shareholder agreements in order to put in place desired processes relating to corporate governance, stock transfer restrictions, reporting mechanisms, dispute resolution provisions and other matters that ensure achievement of the specific goals of the owners and managers of the business. We will also review our client’s existing estate plan in order to ensure that the provisions contained in the company’s articles of incorporation and bylaws agree with any provisions contained in a trust or business succession plan.