Long Island Business Law Attorney
Business Law and Estate Planning
You are probably well aware of the financial aspects of opening your own business, but are you aware of the legal ramifications? The Law Offices of Steven M. Adler, PLLC is knowledgeable in the many areas of business and estate planning law and can help you regardless of how far along you are in the planning or execution process. Whether it is a sole proprietorship, partnership, joint venture, limited liability company or corporation, we can advise you on creating the best structure for your business and how to manage it.
Protecting Your Business in the Future
One of the first steps you will need to decide on is the structure of your business. There is a lot to consider when choosing a business structure, such as risks, liabilities, employees and income taxes, and each structure offers different benefits. We can also help you with a variety of legal documents, including shareholder agreements, employment contracts and deferred compensation plans.
After your business is up and running, you may want to consider passing it on to future generations. Did you know that only 30% of businesses are successfully passed on to the second generation? This statistic is in part due to the lack of comprehensive estate plans of owners and the difficult and sometimes damaging
probate process. A skilled Long Island estate planning attorney from our firm can assist you with creating a business succession plan and can help you pass your company to your children or other loved ones.
The Benefits of Estate Planning for Your Business
If you are opening or running a business, it may be in your best interest to seek quality legal counsel. Because we are a small boutique firm, our skilled attorneys work directly with each client and take the time to understand their needs. With over 25 years of experience and an understanding of economic matters, we are prepared to help you plan and manage your business. Contact the Law Offices of Steven M. Adler, PLLC today to learn more about the benefits of obtaining counsel from a Long Island estate planning attorney!