O’Halloran & Simmons, PLLC hopes that you, your family and loved ones are safe and unaffected by Hurricane Ian. We are working diligently to re-open our Sanibel office as soon as possible. In the meantime, our downtown Fort Myers location is fully functional for all your needs.

Please reach out with ANY questions related to property damage or insurance claims for your residential or commercial property. “

O’Halloran & Simmons, PLLC hopes that you, your family and loved ones are safe and unaffected by Hurricane Ian. We are working diligently to re-open our Sanibel office as soon as possible. In the meantime, our downtown Fort Myers location is fully functional for all your needs.

Please reach out with ANY questions related to property damage or insurance claims for your residential or commercial property. “

It’s Your Legal Right & Our Priority

It’s Your Legal Right & Our Priority

  1. Home
  2.  » Business Law, Business Planning And Asset Protection

Business Law, Business Planning And Asset Protection

Are you starting a business? We will walk you through the process of forming your business entity by informing and counseling you on such things as your type of business, entity selection, limited liability protection, decision making authorization, etc. Further, we will assist you above and beyond the initial formation of the business entity and legal documents.

Do you have real property other than your homestead? We can assist you in protecting your assets that you have worked hard to accumulate. Based on each client’s individual and personal situation and risk level, we will assist you in isolating your personal liability from certain future debt, creditors, judgments, etc. Keep in mind that certain actions cannot be taken to protect assets from present and known future creditors per the Uniform Fraudulent Transfer Act.

Do you and your business partner(s) have a succession plan? Whether you are starting as business as discussed above or currently have a business that have multiple partners, owners, member, or shareholders, it is best to have a plan in place in the unfortunate circumstance that a partner, owner, member, or shareholder gets divorced, passes away, or simply wants out of the business. If you do not have a partnership agreement, operating agreement, or bylaws to assist in laying out what shall happen in one of the circumstances listed above, we would be happy to assist. Further, unless you are a one man/woman show, it is advisable that you enter into what is called a buy/sell agreement that further determines the business’s and owners’ actions for the unfortunate circumstances listed above.