Florida Business Law Firm: Dean & Dean, LLP in Ocala Help Family Businesses Lower Taxes

A buy-sell agreement can be tough to wrap your mind around – especially when it is for the family business and tied into your estate plan. This is because buy-sell agreements must take into consideration an immense amount of variables and then address your best outcome. It is highly advisable that you seek the help of an experienced attorney. Dean & Dean LLP in Ocala, Florida can draft a comprehensive buy-sell agreement for your business. Whether you need it right away or just want to feel prepared for the future, we will cater the agreement to your unique situation.

Do Business Buy-Sell Agreements Lower Taxes?

The short answer: yes. When intergenerational businesses, or family businesses, are passed down to heirs who will remain involved in the business, taxes are affected. At Dean & Dean business law firm, we can help you devise a conservative valuation formula for your business buy-sell agreement. Ultimately we want to help you set the value of the ownership interest at a far lower amount than its sales value. Avoid burdening your relatives with unnecessary estate taxes. To plan ahead, call our Florida estate management & family business law firm today.

Contact Our FL Business Attorney to Draft Your Buy-Sell Agreement

Dean & Dean in Ocala, FL has years of experience helping clients work through many different types of business legal issues, including the drafting of comprehensive buy-sell agreements. Contact our law firm at (352) 515-9221 for a consultation regarding the legal needs of your business. We look forward to hearing from you.