In This Issue

With three full-time Spanish-speaking assistants, we are also able to provide excellent service to Spanish-speaking clients. Our bilingual staff allows us to work directly with a diverse client base as well as experts and witnesses who may offer vital input or testimony in your case.

We can assist you with your business, contract and family law. We look forward being your attorney of choice for all you legal needs  -  Click here

     

June 2014

We want to thank all of you who take the time to read the news letters we are sending and we hope that you are finding the information beneficial. At Tindall Law Firm, LLC we enjoy sharing valuable tips regarding the law; offering articles on hot issues in the law; commenting on topics of interest; and helping you navigate the tricky world of the law, which is ever changing.  At any time if you have any questions on any of the materials you find in our newsletter or any other legal issues, please do not hesitate to contact me. If there is any legal issue of interest that you would like to see addressed in our newsletter, please let us know. We value your feedback very much. We treasure our clients very much and we aim to treat each of you as a member of our family and with a commitment to excellence, zealous advocacy on your behalf, and quality service. 

Attorney Tavis Tindall

Most small businesses, though not all, should be either limited liability companies or S-corporations. In many cases, choice of the wrong entity form (between these two) can have serious tax consequences. In a small percentage of cases, the best choice is neither of these.  

 

What are you Buying? 

 

 

Are you buying the business, or are you buying "substantially all of the assets"? If you buy the business, you may be taking on the liabilities as well as the assets. 

 

Liabilities can include unpaid taxes, lawsuits based on conduct of the business under the previous owner (filed or not), unpaid debts, contract commitments and warranties. In theory, if you buy "substantially all of the assets", you purchase the company's goodwill, workforce in place, right to use the company name, customer base, plant and equipment and so forth.You need to make sure that you are not taking on any of the liabilities of the company you are purchasing. Be careful to not make this purchase without having the proper language in place to protect you. The last thing you need after completing your exciting new purchase of a business is to become immersed in costly liabilities the old company created.

 

When you purchase the company, also be very clear about what you are purchasing? Does it include outstanding receivables? Does it include contracts with existing customers? Does it include the right to use the name? Does it include the previous owner's availability for consulting for a period of time? 

 

Need to talk to an attorney before signing that contract? Give Tindall Law Firm a call at 203-755-0018

 

 

At Tindall Law Firm we work hard for clients every day. We all want to see clients receive the justice and compensation they deserve. I hope you all have had a great summer and are looking forward to the fall season. As a family-based business, our staff is close, and we extend that friendly, caring attitude to our clients. We treat our clients as if they are our own family and truly care about them as more than just a number. It is this quality along with superior service and competent representation that has allowed us to become the "lawyer for life" for all of our clients and their families and friends to whom they refer us. 
 
Sincerely,

Tavis Tindall
Tindall Law Firm, LLC