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Baker Law Group P.C. – Estate PlanningBaker Law Group P.C. – Estate PlanningBaker Law Group P.C. – Estate PlanningBaker Law Group P.C. – Estate Planning
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Business Planning Legal Services for Massachusetts Companies

Selecting a Business Structure

New Businesses

As your Massachusetts business attorneys, Baker Law Group will help you as you start a new business through entity selection, formation, and incorporation.

Existing Businesses

For an existing business owner, Baker Law Group helps to protect personal and business assets and provides assistance and advice on succession planning in the event of an untimely disability or death. Our attorneys are available to work with your accountants and financial planners to address any legal issues that may arise with your business.

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Business Formation for Closely Held Companies

If you are just starting out in business, one of the most important issues is to choose how to structure your business entity for tax planning and estate planning purposes. As Massachusetts business attorneys, we will assist you in selecting the type of entity and the business formation of your company.

The legal structure of your business entity will determine who is in charge, your taxes, your exposure to potential liabilities and the protection of your firm’s assets, as well as your personal wealth. We will help you:

  • Draft corporate bylaws and prepare related filings
  • Design general and limited partnership and Limited Liability Company (LLC) agreements
  • Structure and file papers on behalf of your corporation, limited liability corporation (LLC) or partnership
  • Plan the succession of your business to your heirs, business partners or trusted employees
  • Assist with buy-sell agreements, including cross purchase and stock redemption agreements
  • Assist you in forming your nonprofit foundation
  • Incorporate your business objectives into your estate plan

Business Succession Planning

When a business owner is planning for retirement or even death, many questions often arise about whether to leave his or her interest to a business owner, key employee or to keep the business interest in the family.

Buy/Sell Agreements Protect Your Interests

Do you have a buy/sell agreement in place to make sure that your interest or a partner’s interest is valued properly and does not pass to unintended people, i.e spouses, children or disabled persons? While you may have chosen the partner(s) with whom you run your business, if he or she unexpectedly dies or becomes disabled, will your new partner be his or her spouse or the guardian of his or her children? With a properly drafted buy/sell agreement, these issues will be addressed to insure that your interests are properly valued and planned.

Business Succession Options to Consider

A number of business succession planning options exist to protect your interests, as well as those of family members and business partners. Our experience in estate planning and business law allow us to help people create business entities to protect their businesses and their assets, including limited liability companies (LLC), corporations, limited partnerships (LLP) and other business entities. We will create company agreements to plan for the continuous management of a business, in the event of an unexpected death or disability.

With our business succession planning services, we will develop a plan for the protection of your business as a component of your complete estate plan and help you minimize your tax liabilities, whenever possible. As our business client, you will benefit from our law firm’s ability to provide business and tax planning, including buy/sell agreements and services in conjunction with estate planning services.

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Contact Us

For advise and counsel on selecting a business entity, protecting business assets, planning for succession or further business topics, text or call Baker Law Group at 781-996-5656 or email info@MBakerLaw.com to set up an appointment. We offer an initial complimentary consultation.

Schedule a Free Consultation

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Explore Baker Law Group P.C.

Estate Planning

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Boston/South Shore Office

72 Sharp St, Suite A5
Hingham, Massachusetts 02043
800-701-0352
 
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MetroWest/Boston Office

841 Washington Street
Holliston, Massachusetts 01746
800-701-0352
 
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Southeastern MA Office

130 Liberty Street, Suite 2A
Brockton, Massachusetts 02301
800-701-0352
 
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Plymouth/Cape Cod Office

36 Cordage Park Circle, Suite 217
Plymouth, Massachusetts 02360
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  • Home
  • Practice Areas
    • Estate Planning
      • Overview
      • Estate Planning Attorneys
      • High Net Worth Estates
      • Asset Protection
      • Durable Powers of Attorney
      • Homestead Declaration
      • Trust Types Explained
      • Retirement Accounts
      • Healthcare Proxy / Medical Directive
      • Living Wills
    • Elder Law
      • Overview
      • Asset Protection and Elder Law
      • Life Estate Deed
      • Masshealth / Medicaid
      • Long-Term Care / Nursing Home
      • VA Benefits
      • FAQS for Elder Law (MA)
      • Elder Law Attorneys
    • Trust, Will & Estate Administration
      • Overview
      • Estate Administration Wrongful Death
      • Federal Estate Tax
      • Probate Attorneys FAQ
    • Guardianship and Conservator
      • Guardianship Attorney
    • Premarital Agreements
    • Business Planning
      • Selecting a Business Structure
      • Business Asset Protection
      • Limited Liability Company (LLC)
    • Massachusetts Lottery Trusts
  • Baker Law Group
    • About Us
    • Attorney Profiles
  • Client Reviews
  • Blog
  • Media
  • Contact Us
  • 781-996-5656
Baker Law Group P.C. – Estate Planning