Maine Small Business Law Lawyers

What is limited liabilty?
Limited liability is a principle of business law which shields the owners of a business from the business's liabilities. Owners of a business which has limited liability may lose … more
What are the advantages of organizing a business as a Sole Proprietorship?
A sole proprietorship is a business that is owned by an individual and that is not formed pursuant to any special legal construct, such as a limited liability partnership or a corporation. As … more

How to Deal with Common Disputes of Family Owned Businesses
There are many advantages to family owned businesses. When things go the way that you envision them, your family works together toward common business and family goals. You trust each other and provide each other with the flexibility to succeed financially and personally. However, things don’t always go as planned and disputes are common in family owned businesses. Common … more
Shareholder Agreements
Shareholder agreements, also known as stockholder agreements, are important for many businesses but particularly for closely held businesses and family businesses. A shareholder agreement is negotiated and executed before any business problems develop. Shareholder agreements provide businesses with a roadmap of how to act in certain situations. Also, in privately held companies, some … more

Corporate Dissolution or Liquidation
This form is required by the IRS when you file a final tax return for a business. (Form 966 ( Rev. 12-2007)
Application for Determination for Terminating Plan
Complete and submit this form to apply for a determination on the dissolution of a retirement plan. (Form 5310 (Rev. 4-2006)
Notice of Plan Merger or Consolidation, Spinoff, or Transfer of Plan Assets or Liabilities; Notice of Qualified Separate Lines of Business
Use this form to notify the IRS of a merger or consolidation of plans. (Form 5310-A (Rev. 4-2006)
Distributable Benefits From Employee Pension Benefit Plans
This form is required by the IRS when you file for a determination on other dissolution of a retirement plan. (Form 6088 ( Rev. 3-2008