Business & Corporate

Family-Owned Enterprises

A family business or closely-held company can offer many rewards as well as challenges. In fact, doing business with family or friends creates a distinct structure that often transforms routine business matters into elaborate interplays of personal dynamics.

The attorneys at Lashly & Baer understand the issues that make family and closely-held businesses unique. We advise family and closely-held businesses from inception through exit strategy and provide counseling for private companies transitioning to public companies and back again.

Related practice areas:

We regularly handle the following legal issues for our clients:

  • Asset purchase agreements
  • Business Taxation
  • Buy-sell arrangements
  • Capital needs
  • Closely-held business estate planning
  • Closely-held corporations
  • Earn-out agreements
  • Employment agreements
  • Family business successions
  • Financial powers of attorney
  • Financing
  • Governance issues
  • Joint ventures
  • Letters of intent
  • Life insurance
  • Limited Liability Companies
  • Mergers
  • Non-competition agreements
  • Operating Agreements
  • Operational issues
  • Partnerships
  • Proprietorships
  • Revocable Living trusts
  • Rights of first refusal
  • Shareholder and equity owner agreements
  • Shareholder redemptions
  • Sole Proprietorships
  • Stock purchase agreements
  • Succession plans
  • Tax minimization and tax planning
  • Transferring or preserving control of a business entity
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