Estate Planning

Estate Planning and Wills

Let the corporate and business lawyers of Glover Russell, P.A. assists you with business law in Jackson, Hattiesburg, Meridian, Oxford, Biloxi and across the state of Mississippi. Our attorneys work closely with you to make your business more profitable, and we help you avoid potential problems.

Schedule a consultation with our lawyers and learn more about our business planning services in Jackson.

Buying and selling business assets and stocks

When you purchase some or all of the assets of another company, you are generally not liable for the debts of the business. You may be able to acquire equipment, inventory, trademarks, or brands from the selling company.

How you purchase or sell assets and stock depends on your needs. If you are selling, you may want to receive all of your money at the time of sale. If you are the buyer, you may desire to make installment payments and use the purchased stock or assets as collateral to secure the payment of your installment note.

Our business planning consultants in Jackson advise you on a transfer of assets, goods and services. We will negotiate on your behalf and prepare the necessary documents for the purchase and sale.

Merging and dissolving businesses

A business merger is when two or more businesses join together. The surviving corporation accepts the assets and liabilities of the separate businesses. The other business will then cease to exist.

Sometimes assets and liabilities of individual companies cannot be transferred through a merger. Owners have to discuss and prepare to convey responsibility for the following:

• Loans
• Mortgages
• Leases
• Contracts

You need to address these issues before agreeing to a merger and signing necessary documents. A plan of merger, articles of merger, and other documents should be prepared. Documents must be filled with the Secretary of State.

Dissolution of your business structure depends on the formation of the business. You must file dissolution forms with the Secretary of State if your company wishes to dissolve. You should prepare a plan of liquidation and articles of dissolution

Buying and selling real estate

You may want to include a purchase of real estate in your business planning. You must perform due diligence when purchasing or selling your property.

It is important that you consider the following:

• Zoning
• Property defects
• Potential environmental hazards

Our business planning consultants in Jackson work closely with business owners interested in selling or purchasing commercial real estate. Schedule a consultation at our convenient office location and learn how to create and execute a solid business plan.

When you need reliable business planning services in Jackson, please call our office at 888-457-4379 or contact us online so we may assist you.