Business owners and professionals have ever-changing legal planning needs as they enter different phases of their lives.
At the Law Offices of Frye, Fortich & Garcia, P.L., our skilled and experienced Miami attorneys for business planning navigate and guide them through the formation, operation, sale or purchase and succession planning/transference of their businesses and practices. Through every phase and transaction, we are focused on the successful protection of our clients’ interests, the minimization of their taxes and preservation of their assets.
Business Formation And Entity Structuring
Entity choice and creation is based upon business/practice type, ownership interests, the liability protection needed and which entity creates the greatest tax benefits.
Our approach is to devise one integrated, master plan incorporating clients’ business/practice entity structuring with their family/personal asset structuring to best preserve and protect our client’s wealth. This will be accomplished through the proper use of limited liability companies (LLCs, PLs), limited liability limited partnerships (LLLPs), subchapter S Corporations, etc.
Personalized Master Plan Charts
No matter how complex the structuring needs are, we provide clients with clear outlines and charts of their master plan throughout the entire process.
Contract Negotiation And Preparation
- Employment contracts — Noncompete clauses, executive compensation, including deferred benefits, golden parachutes, retirement plans, profit sharing, etc.
- Entity ownership/partnership agreements
- Buy-sell agreements/clauses — To protect the client’s interest should a partner pass away, become disabled, retire or leave the business
- Operating agreements
- Planning for the addition, withdrawal or retirement of a partner
Operation/Ongoing Planning
- Maintaining and updating corporate records/minutes — A failure to do so can affect asset protection
- Entity structure review — To ensure assets remain effectively protected when Florida laws governing entities and owner liabilities change
Business Succession/Transference/Exit Planning
We integrate an effective succession plan with the client’s estate plan, addressing valuation, ownership, management, and family relational issues as well as tax planning to ensure successful transitioning according to desired objectives.
Business/Practice Purchase/Sale
- Pre-liquidity event planning — Assistance in valuating, optimizing value (in the case of sale), and tax-efficient structuring to minimize income, capital gains and estate taxes
- Drafting, review and analysis of offers/contracts, buyout offers, letters of intent
- Effective negotiating — Throughout every phase, from start to close, in order to maximize results for our clients
It’s Like Having In-House Counsel
For more information on our legal services for businesses and professional partnerships, or to schedule a consultation with a knowledgeable Miami business planning attorney at the Law Offices of Frye, Fortich & Garcia, P.L., call 305-931-3200 or fill out the contact form on this website.
From our offices in Miami, our lawyers provide estate planning, probate and asset protection services for individuals and families in Miami-Dade County, Broward County and communities throughout South Florida.
