All Forum Posts by: Al Wilson

Complicated stuff. Agree completely that you need to go through this with your CPA. Good luck.

This is a good question for your accountant. Good luck.

Assuming you and your partners can reach an agreement on their exit strategy, your attorney can draft an appropriate operating agreement for your entity. Good luck.

C-corps are tricky. Consult with your attorney or accountant to see what can be done without triggering unintended tax liability. Good luck.

Your contract documents should specify the insurance coverage that the buyer should carry and require that you be named as an additional insured. If that is not the case, you may need to buy coverage for your exposure. Good luck.

My sage advice is to talk to your lawyer. Good luck.

Yes. Good luck.

If this is the first of several, I would go ahead and form my entity now. Good luck.

The situations in which we see the most assignments are M&A transactions, particularly asset deals.  The seller's contracts with third parties (vendors, customers, etc.) have to be assigned to the buyer in order for the buyer to obtain the benefit of those agreements. 

Not in the areas you have mentioned. Good luck.