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Beware of the LOI When Selling Your Business

A letter of intent (LOI) is often assumed to have little function beyond establishing the principal terms of the business sale transaction. This assumption, however, can prove to be costly, as it fails to recognize that the LOI serves as…

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Presidential Election Tax Plan Comparison, Part 2

The following is an overview of where the candidates stand on federal taxes for individuals. Like Kind Qualified Business Income Strobl is a team of experienced and trusted lawyers that can advise on all legal matters relating to tax law….

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Business Succession Planning to Protect Your Legacy

Planning ahead for incapacitation or death is often put-off because it can be uncomfortable.  Not only does it force us to face our own mortality, we must also make difficult decisions about how things will be handled as life goes…

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No Excuse for No Estate Plan

There are several reasons why, as a society, we tend to procrastinate when it comes to end of life planning.  Don’t let these excuses stand in your way of doing the right thing for your loved ones. I don’t need…

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Presidential Election Tax Plan Comparison

The following is an overview of where the candidates stand on federal taxes for individuals. Strobl is a team of experienced and trusted lawyers that can advise on all legal matters relating to tax law.  For more information, visit Strobl…

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10 Key Commercial Lease Clauses That Deserve Your Attention

In the wake of the COVID-19 pandemic, commercial leases are being scrutinized by landlords and tenants for flexibility and negotiation opportunities. If there is any uncertainty, review by a professional contract attorney is highly recommended.  Whether you are reviewing a…

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Checklist for Selling Your Business to Private Equity

Private equity groups have specific goals they are seeking to meet, and these goals should be taken into account by sellers when considering whether or not to proceed with a sale. Checklists are helpful in ensuring all relevant issues in…

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Is Chapter 11 Reorganization Appropriate for Your Business?

In these unprecedented times, many owners are frequently forced to make difficult decisions regarding the viability of their business.  A Chapter 11 bankruptcy reorganization may allow for the preservation of the existing business, but first each business owner must assess…

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