We provide comprehensive legal services to business owners throughout all stages of their business’s life.
Charlotte, NC Business Law: 704-608-3429 Fort Mill, SC Business Law: 803-351-3597
Business Lawyer for Planning & Asset Protection
We assist aspiring business owners with forming their business entity, existing business owners with ongoing legal issues, and retiring business owners with succession planning and buy-sell agreements.
Legal Services for Business and Corporate Needs
Nosal & Jeter, LLP offers legal advice and documentation on all aspects of your business. In the area of corporate transactions, we offer business clients services including contract negotiation and contract drafting, lease drafting and review, management and employment law problems, compliance with state and federal regulatory agencies, asset purchase and stock purchase agreements, mergers and acquisitions, collection, and representation in litigation or dispute resolution. Our attorneys will show you how to use well-drafted contracts and agreements, to avoid potential disputes or potential litigation and further your business purpose.
Are you looking to buy or sell a business or franchise? Having a qualified attorney in your corner can make all the difference in reviewing and drafting complex asset and stock purchase agreements. Do not get sucked in to a seller financed note, subordination agreement, or surety or guaranty agreement without fully understanding the binding terms and conditions of these agreements hold.
Business Succession Planning
Buy/Sell Agreements ● Family Limited Partnerships ● Asset Protection
Each family business is unique, and we will discuss all aspects of business succession planning, as you make decisions that affect who will control your company in the future. Business Succession and Estate Planning often go hand in hand, and we can coordinate your long-term plan for your business with your personal Estate Plan, which is why our experience in both of these areas is important to achieving our clients’ goals.
Buy-Sell Agreements and Family Limited Partnerships are just a few ways in which our attorneys develop detailed plans that allow your business to support your retirement, while continuing as a prosperous entity you worked so hard to build.
Family Limited Partnership
A Family Limited Partnership (FLP) or Family Limited Liability Company (LLC) is a means by which a business owner can transfer membership interest of the business to children or other beneficiaries during his lifetime. This approach allows annual gifting of membership interests, minimizes tax liability, and allows the younger generation to begin participating and have a vested stake in the business before the death or retirement of the owner.
A Family Limited Liability Company is also a great vehicle for owning a family beach house or property, by allowing parents to use their annual exclusion gifts to gradually transfer ownership of the property to their heirs while still maintaining control of the asset.
Buy-Sell Agreements are the primary mechanism used to ensure the continuation of a business, and a carefully tailored Buy-Sell Agreement protects the business and the owners in the event of the death, disability, divorce, or retirement of a partner or owner. Without proper planning, owners may be forced to sell their business. For agreements funded by life insurance, we work together with life insurance brokers and financial planners to ensure that agreement is adequately funded and the policies name the desired beneficiaries. Our attorneys will work with you to develop a comprehensive and effective Buy-Sell Agreement that will protect your business and the interests of its owners.
Do not put the money you worked hard to earn at risk to unforeseen creditors and claims, who will try and use the legal system to deprive you of your life’s work. There are a variety of legal and ethical ways, including certain types of Spendthrift Trusts, to safeguard your assets. Our attorneys pride themselves in implementing crucial strategies for your business and personal needs that will ensure your family is financially secure.
Contact our North Carolina and South Carolina Business Lawyers today at (704) 608-3429 or E-mail firstname.lastname@example.org for your corporate legal needs! We have offices in Cornelius, NC and Fort Mill, SC to serve the entire Charlotte metro area.