When a client considers purchasing or selling a business, sound advice
from the practitioner is needed. Tax expertise is but one necessary
ingredient. A working knowledge of real estate, insurance, and financing
issues is indispensable. This course provides an understanding of the
multitude of considerations to be addressed by clients in the purchase
or sale of a closely-held business based upon a review of the various
legal documents that are commonly created to memorialize the transaction
between the parties. Having an understanding of the various provisions
found or considered in these legal documents will prove to be beneficial
to a practitioner in counseling a client in such a transaction. This
course is not intended to teach the participant how to draft legal
documents and/or clauses, as the drafting of such documents and/or
clauses is the function solely of a lawyer duly licensed in the
jurisdiction within which the client resides. This course is not meant
to teach the participant the subject of practicing law.