Business Formation Essentials Kit

Agenda / Content Covered

1. Entity Selection: Non-Tax Considerations
   1:00 — 1:30, Bradford Block
   1. Comparing Types of Entities
   2. Fiduciary Obligations
   3. Asset Protection
   4. Flexibility in Operation
   5. Attracting Investors
2. Current Tax Laws Overview
   1:30 — 2:00, Bradford Block
3. Entity Selection: Key Tax Factors
   2:00 — 2:30, Bradford Block
   1. Tax Consequences of Each Type of Entity
   2. Pass Through Treatment
   3. Transfer of Interest
   4. Tax Basis, Debt and Loss
   5. Self-Employment Tax
   6. Distributions
   7. Available Deductions
   8. Governance and Management Structure of the Business
4. Advising a Business on Financing Options
   2:45 — 3:15, Christopher Bonner
5. Formation and Operation Documents (With Sample Docs and Checklist)
   3:15 — 4:15, Christopher Bonner
   1. Certificates of Incorporation and By-laws
   2. Shareholder Agreements
   3. Articles of Organization and Operating Agreements
   4. Buy-Sell Agreements
   5. LLP Agreements
   6. Obtaining Licenses and Protecting Intellectual Property

Accreditation Details:

Bradford E Block is the principal of the Law Offices of Bradford E. Block in Northbrook, Illinois. He has been an attorney for more than 35 years and practices in the areas of business formation, mergers and acquisitions, not-for-profit organizations, private foundations, equity financing, tax law and the preparation and negotiation of corporate and technology contracts. Mr. Block has lectured to various professional groups on matters related to limited liability companies, partnerships, business transactions, S-corporations and tax-exempt organizations. He is a former adjunct professor of business planning and partnership law at DePaul University. Mr. Block is also a commercial mediator and a member of the Association of Attorney Mediators. He earned his B.S. degree from the Wharton School of Finance and Commerce at the University of Pennsylvania and his J.D. degree from DePaul University College of Law.

 

Christopher J Bonner is special counsel with Barclay Damon, LLP, where he practices in the areas of corporate law, and corporate and municipal securities and banking regulation. His clients include large and small businesses, banks, startup enterprises, buyers and sellers of businesses, and securities investors. Mr. Bonner organizes corporations, LLCs and other alternative entities and represents them on a continuing basis with various kinds of business contracts. He represents buyers and sellers of businesses, from the initial planning stage through to the final closing. Mr. Bonner is a member of the New York State Bar Association (Business Law and Tax Law sections) and American Bar Association (Business Law and Taxation sections). He earned his B.A. degree from Williams College, his J.D. degree from Harvard Law School, and his LL.M. degree in taxation from New York University.