Personalized Estate Planning and Business Law Services

Even after your estate plan is finalized, our relationship doesn't end. You can expect ongoing support from Askander Law, including regular updates to your plan in response to life changes or legal shifts. We are always available to answer questions, provide advice, and make adjustments to your plan as needed to ensure it remains effective and relevant to your changing life.

Business law covers a broad range of legal areas specifically tailored to the needs and challenges of businesses. This includes:

‍Entity Formation and Structure: Advising on and assisting with the creation of business entities such as corporations, limited liability companies (LLCs), partnerships, and more. This involves understanding the legal implications of each type of entity, helping businesses choose the right one for their needs, and handling the necessary legal formalities.

‍Intellectual Property Protection: Securing trademarks, patents, copyrights, and other forms of intellectual property. This includes filing for protection, managing IP assets, and enforcing IP rights against infringement.

‍Contract Drafting and Negotiations: Developing and reviewing business contracts, including employment agreements, service contracts, purchase agreements, and lease agreements. This also involves negotiation support to ensure that the terms are favorable and protect the business’s interests.

‍Compliance and Regulatory Guidance: Ensuring that a business adheres to all relevant laws and regulations, which can vary depending on the industry and location of the business. This includes ongoing compliance advice to keep the business in line with changing legal standards.

‍Dispute Resolution and Litigation: Representing businesses in legal disputes, whether through negotiation, arbitration, or litigation. This includes both pursuing and defending against legal claims.

‍Business Succession Planning: Advising on and creating strategies for the transfer of business ownership and leadership, which is essential for the continuity and legacy of the business.

Askander Law provides comprehensive legal support tailored to the unique needs of both startups and established businesses:

‍For Startups: We assist with entity formation, provide foundational legal advice, help protect intellectual property from the outset, and guide entrepreneurs through early contracts and negotiations. Our aim is to set a solid legal foundation for growth and success.

‍For Established Businesses: Our support extends to more complex legal challenges, including expansion activities, compliance with evolving regulations, sophisticated contract negotiations, and managing a broader range of legal issues that come with growth.

We offer strategic advice to help businesses navigate complex legal landscapes, ensuring not just compliance but also the foresight to anticipate and mitigate legal risks.

Your business legal strategy should be reviewed:

‍Annually: As a general rule, a yearly review is advisable to keep up with changes in your business and relevant laws.

‍When Significant Changes Occur: This includes business expansion, entering new markets, introduction of new products or services, changes in ownership or management, or major regulatory changes in your industry.

‍After Major Legal or Market Developments: Changes in laws or significant shifts in the market may necessitate a legal strategy update.

Business succession planning involves several key steps:

‍Identifying Successors: Determining who will take over the business. This could be family members, business partners, or external parties.

‍Valuation of the Business: Assessing the value of the business to aid in the transition process.

‍Creating a Transition Plan: Developing a detailed plan for transferring ownership and control, including timelines and conditions.

‍Legal Formalization: Drafting legal documents to formalize the transfer, such as buy-sell agreements.

‍Training and Transition Support: Preparing successors to take over by providing necessary training and support during the transition period.

‍Estate and Tax Planning: Ensuring that the transition is tax-efficient and aligns with the owner’s estate planning goals.

Effective succession planning ensures that the business continues to thrive through transitions and changes in leadership or ownership.