Asset Protection Lawyers
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Meet some of our Asset Protection Lawyers
Robert M.
Robert is a sixth-generation Tennessean and part of a long line of Tennessee attorneys: There has been a Marks attorney in Tennessee since 1856. In 1929, Robert’s great-grandfather established an event venue, Shadowbrook, which Robert has worked at his entire life, including managing for 10 years. He knows what business owners are dealing with—especially venue owners—because he has dealt with it. While Robert loves the hospitality industry, he pursued his passion. In 2016, Robert decided to attend law school and continue managing the business. He thrived. He was a founding member of the Nashville School of Law's Legal Aid Society, received the Tennessee Supreme Court’s Law Student for Justice award, and interned with the Tennessee Supreme Court's Access to Justice Commission. Before co-founding Mercury Legal Group, Robert focused on estate planning in solo practice. In this role, he helped clients protect what they had spent a lifetime building. Now he helps his clients build their businesses by providing tailored legal services.
"Robert was great. Completed task as assigned and faster than his deadline!"
O.T. W.
Hi, my name is O.T. and I own The Walker Collective, a law firm that caters to the contractual, intellectual property, and business formation needs of creative entrepreneurs and small business owners. I am licensed to practice in Maryland and New York.
"O.T was very personable, knowledgable, and resourceful. Would definitely use her again!"
Amber M.
Amber Masters has 11 years of experience as a contracts attorney, helping small businesses with an array of agreements, such as purchase agreements, master service agreements, and employment contracts. She has an extensive background assisting health care providers through practice transitions including dentists, doctors, and other health care professionals. She is a highly rated and acclaimed estate planning attorney and personal finance expert, who has been featured on CNBC, NBC, and Yahoo Finance. She successfully launched and sold a fintech startup and can empathize with the issues small and mid-size businesses face. Licensed in Oklahoma and Arizona.
"Great experience working with Ms. Amber. She was thorough, knowledgeable, and explained the contract terms and potential concerns very clearly. I really appreciated her practical recommendations and prompt communication. Highly recommend!"
Faryal A.
Ms. Ayub is an attorney licensed to practice in Texas. Before moving to the US, she has a number of years of experience in contract review, analysis and drafting. Ms. Ayub is available to help you with your legal problems, as well as filling LLC and other business entity formation documents. To know more about her practice, please visit https://ayublawfirmpllc.com/.
"Im still reviewing the docs and will send them to you for the final this week."
Jason H.
Jason has been providing legal insight and business expertise since 2001. He is admitted to both the Virginia Bar and the Texas State Bar, and also proud of his membership to the Fellowship of Ministers and Churches. Having served many people, companies and organizations with legal and business needs, his peers and clients know him to be a high-performing and skilled attorney who genuinely cares about his clients. In addition to being a trusted legal advisor, he is a keen business advisor for executive leadership and senior leadership teams on corporate legal and regulatory matters. His personal mission is to take a genuine interest in his clients, and serve as a primary resource to them.
"Jason has been excellent on communication with the Cell Tower Company, and getting Us what we have decided to settle on, still under negotiations process. Would highly recommend for any legal needs not just cell tower projects.."
February 24, 2023
Candace M.
For over 20 years, as an attorney and real estate broker, Candace has used her passion for business and real estate to help her clients succeed as business owners, entrepreneurs Realtors, and real estate investors. She and her team go above and beyond to simplify and solve those issues which trouble her clients. From the simple to the complex, she is ready to help. Her experience includes, Real Estate law, Contracts, Business Formation, Business Operating AGreements and Entrepreneurial counseling.
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Browse Lawyers NowAsset Protection Legal Questions and Answers
Asset Protection
LLC
Ohio
LLC and asset protection?
I have recently started a small business and am interested in forming a LLC for it. I am looking to protect my personal assets from any liabilities the LLC may incur, and I am seeking advice about how best to do this. I am looking for guidance on how to ensure the LLC will provide me with the asset protection I need.
Paul S.
The LLC is a good starting point for asset protection. How you operate the LLC, and in particular the LLC's finances, is even more important. You should be careful to keep the business's finances separate from your personal finances - for example, don't pay the rent or mortgage on your home out of your LLC bank account. And of course, liability insurance is your first line of defense.
Asset Protection
Building Lease
California
Can I transfer my building lease to another entity?
I am the owner of a small business that currently leases a building for our operations. Recently, our business has grown and we need to move to a larger space. We are interested in transferring our current lease to another entity so that we can move to a larger building without breaking the existing lease. We are looking for advice on the legalities and procedures involved in transferring our lease.
David B.
I'd be happy to help with this. Normally, leases are freely transferable (by the landlord and the tenant) if the lease does not mention assignability and/or subleasing. However, the landlord and tenant are free to agree to limits to assignability/subleasing in the lease and such limits are enforceable against both parties. Landlords typically want to know a lot about any potential tenant, so the right to assign or sublease is substantially curtailed in most leases. Often, the landlord will reserve the absolute right to approve a new tenant (meaning such approval can be withheld for any or no reason). Tenants are often bargaining from a seriously disadvantaged position. Not only does the lease limit the ability to assign but the tenant is typically in tight economic circumstances. On the other hand, the landlord typically wants the premises filled with a rent-paying tenant. I've negotiated subleases from both perspectives and am confident I can guide you to a mutuallt beneficial resolution to this matter.
Asset Protection
Asset Purchase Agreement
Texas
Can you explain the key provisions and potential risks involved in an Asset Purchase Agreement?
I am currently in the process of acquiring a business and have been presented with an Asset Purchase Agreement (APA) by the seller. While I have a general understanding of what an APA entails, I would like a lawyer's expertise to explain the key provisions of this agreement and any potential risks that I should be aware of before proceeding. Specifically, I am concerned about the transfer of liabilities, intellectual property rights, and any undisclosed liabilities that may arise after the acquisition. I want to ensure that I am fully informed and protected before finalizing the purchase.
Darryl S.
An Asset Purchase Agreement (APA) is a legal contract used in business acquisitions where a buyer purchases specific assets of a company rather than acquiring the entire business entity. Here are some of the key provisions and potential risks involved: Key Provisions: 1. Identification of assets: Clearly defines which assets are being purchased and which are excluded. 2. Purchase price: Specifies the total amount and payment terms. 3. Liabilities: Outlines which liabilities, if any, the buyer will assume. 4. Representations and warranties: Statements made by the seller about the condition and status of the assets. 5. Conditions precedent: Events or actions that must occur before the deal closes. 6. Covenants: Agreements on how parties will behave before and after closing. 7. Indemnification: Protections for the buyer if the seller's representations prove false. 8. Closing mechanics: Details on how and when the transaction will be completed. 9. Transition services: Any support the seller will provide post-closing. 10. Non-compete clauses: Restrictions on the seller's future business activities. Potential Risks: 1. Incomplete due diligence: Buyer may miss critical issues with the assets. 2. Undisclosed liabilities: Buyer might inadvertently assume unexpected debts or obligations. 3. Environmental liabilities: Hidden contamination or compliance issues. 4. Contractual obligations: Existing contracts may not be transferable or may have unfavorable terms. There are many other risks - so this list is far from comprehensive.
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