Legal Updates & Commentary for Tax & Estate Planning
Do you remember the scene from “History of the World Part I” when Mel Brooks, in the role of Moses, calls out “Hear me, oh hear me! All pay heed! The Lord, the Lord Jehovah has given unto you these fifteen [he drops one of the three tablets cradled in his arms…
Over the last few months, we’ve been working on a number of transactions that involve the division of a closely held corporation or partnership.
In each instance, the impetus for the division has been the desire of the business entity’s owners to go their separate ways so as to enable them to…
