Practice Areas

Since Maslon's inception, we have served a broad variety of closely-held and family-owned businesses. Advising these clients involves traditional corporate and transactional representation as well as an understanding of the unique, often sensitive, issues facing these business owners, including:

• Succession planning
• Form of business entity
• Long-term liquidity issues
• Family business issues
• Shareholder disputes
• Compensation and Benefits
• Capital Formation
• Entity tax planning

Many decisions the owners of a closely-held business make directly effect their estate and personal income tax plans. Our Business & Securities Group lawyers often team with other Maslon lawyers to assist closely-held businesses and family-owned businesses with tax computation, benefits, succession, and estate planning matters.

Selecting the correct form of business entity can achieve tax efficiencies for your business. Choosing the correct form of business entity requires not only understanding the different aspects of partnerships, LLC's, corporations and S corporations, but must importantly, your business and your objectives. Income tax implications, succession planning and buy-sell arrangements are key business factors owners must also take into consideration.

At Maslon, we bring a team approach, when necessary, to solving your business planning needs. We involve our lawyers who know the tax laws and use efficient and creative methods of ownership transition to limit the disruptive effects a change in ownership can have on an organization.

Partnerships, LLC's, corporations and S corporations allow for flexible business planning, but with this flexibility can come complexity. Maslon lawyers use, as necessary, the flexibility offered by these entities without undue complexity. The end result is an organization customized to your needs, allowing you to concentrate on what makes you successful - your business.

Private Enterprise Counsel
Maslon is a member of the Private Enterprise Counsel, a national network of medium-sized law firms that have a key portion of their practice focused on serving closely-held business entities. Through PEC, we are able to share ideas and concerns with law firms from across the country to enable us to better service our closely-held clients.