Business And Partnership Planning

Cost-Effective, Comprehensive Business And Practice Planning

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 305-723-1216 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.