White Plains, NY
Business Lawyer at White Plains, NY
Practice Areas: Business, Estate Planning ... +2 more
I respectfully disagree with my colleagues that an asset purchase agreement is the way to go here as it will unnecessarily create taxable income...
Not enough specific facts and absent the old employer agreement and review of the separation agreement terms makes this impossible to even offer...
Sure you can. More and more people trybto avoid probate and like a revocable trust as a will substitute. If people have been divorced then many...
Where does the owner reside? What address does the company use for it's physical business location? What address does the entity put on purchase...
Accounting or finance.
Your facts are a little fuzzy to the extent that why would 1 sibling assume 100% of a mortgage when only owning 1/3rd of a home? The decedent is...
If you are a majority owner then NY considers you a responsible party that is on the hook personally for sales taxes owed by a corporation....
Many facts are missing here to give you decent advice and whether you have a legal basis to try stop the sale is itself an analysis requiring...
I concur with my colleagues but just want to warn you that a change from a C-Corp to an LLC will be a taxable liquidation and reincorporation...
IRS does not control IRA accounts.....the owner controls an IRA account and if the owner/decedent designated who the beneficiary is of such account...
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