Planning for Tomorrow’s Goals, Today – Blog and Client Resources
Estate Planning Basics: Trust Planning for Minor Children Beneficiary Designations
Life Insurance / Retirement Account Designations and Minor Children The Background: Naming a Minor Child as a Beneficiary Anyone with a life insurance policy, a 401K or IRA has (or, at least, should have) designated one or more beneficiaries for that account or asset. When deciding who to list as beneficiary, it’s not uncommon to…
Looking for Investors in Your Company? Get to Know “Regulation D”
Private Placement and Regulation D The Sale of Stock as a Private Placement. Private Placement and Regulation D. These are concepts that apply to the sale of what are known as securities. Sometimes securities transactions are involved in M&A transactions. But for many companies, these concepts are most commonly implicated when looking for investors. When…
What are Mergers and Acquisitions?
What are Mergers and Acquisitions and what should you know about these transactions? What is “M&A”? The term “Mergers and Acquisitions” is broad and encompasses a myriad of transactions and deal structures, including private sales to outside purchasers (e.g. new owner/operator or equity group), internal transitions to key employees or shareholders, the merger of two or more businesses,…
PODCAST: Blueprint to Associate Agreements
Student Entrepreneurs in Dentistry Podcast Series: Blueprint to Associate Agreements I recently had the opportunity to participate in a podcast hosted by the Student Entrepreneurs in Dentistry of UNC School of Dentistry at Chapel Hill, led by Mr. Christian Hart. The podcast focused on two topics. The first was associate agreements, particularly that first agreement after…
Key Terms for the Business Purchase and Sale Letter of Intent
Typical Terms in a Letter of Intent There are numerous stages in any business purchase and sale transaction. It is a complex and time-consuming process. One of the earliest steps in the transaction process is establishing the fundamental terms of the deal. The typical method of doing so is through the letter of intent or…
The Dental Practice Purchase – A Transaction Snapshot
Each dental practice purchase is a complex process with many stages. Here is a snapshot overview of the key phases. Contact Totman Law today to learn more.
Totman Law’s Three Underappreciated Issues Series: Three Common but Tricky Employee-Focused Issues in Written Employment Agreements
Three Overlooked Issues in Written Employment Agreements: In today’s fast-paced world, employee mobility is a vital part of our individual economic outlook. It is in light of this context – the reasonable ability of the employee to move between opportunities – that we, as employees, must review and consider employment agreements. Not every employee is asked…
Totman Law’s Three Underappreciated Issues Series: Three Key Tenant Risk Provisions in Commercial Lease Agreements
Tenant Risk in Commercial Leases: Tenant risk in commercial leases is a redundant concept. Commercial leasing embodies risk and risk allocation for the would-be tenant. As such, and because the lease agreement remains one of the most commonly utilized contracts in commercial transactions, the commercial lease is an incredibly important component of many businesses’ operational picture,…
Bringing on a Partner: a Few Key Considerations
There are any number of circumstances or sets of conditions under which it may be appropriate, advisable or necessary to bring on a partner. Regardless of the reasons for doing so, however, bringing on a partner is a major milestone for any business, often leading to expanded fields of operation, cash and capital influxes and…
Recent Events Roundup: Highlighting Key Concerns of Non-Competes, Franchising and Investing
The Triangle Business Journal recently highlighted a couple of locally-arising events that have potential consequences and implications that are anything but local in scope. Consider these examples as they may apply to your business and employment endeavors. Employment Agreements and Promises not to Compete or Solicit. First up is an article about a suit brought…
MEET DOMINIC TOTMAN
As Founder and Attorney of Totman Law, my primary goal is to offer and provide these services through engaged and communicative representation and proactive insight and legal planning.
