P. Haans Mulder

Haans Mulder, an attorney and partner with Cunningham Dalman, P.C., recently authored an article in the Michigan Business Law Journal. The article is entitled “Synthetic Equity in S Corporations: Avoiding Tax Traps When Planning for Key Employees.” Haans has been named a Rising Star by Michigan Super Lawyers Magazine, has a Masters in Tax, is […]

In meeting with clients to update their estate plans, I’ve found that their investments have often times moved to another financial advisor or they’ve opened new accounts. I’ve also noticed a number of my clients have sold their primary homes in the last year. In both of these situations, it’s important to make sure accounts

It is rare that I see a buyer acquiring a business to just maintain that company’s current sales or market share. Arguably, by their nature, buyers want to purchase a business because of the potential it has to grow in some way (and gaining a larger geographic footprint is one of those main reasons). If

With a strong economy, there’s a lot of activity with selling and buying businesses. Sellers and buyers need to be aware of a number of different issues. A list of the top five I’m seeing lately are: 1. The seller and buyer should each designate someone to “quarterback” the process. This person needs to have

I recently attended a forum for the Family Business Alliance and heard a startling fact about family businesses that is also apparently true in our area. 80% of local family businesses want to transition to the next generation. But, only 20% have a succession plan. This is problematic and in particular when family businesses make

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When your business is doing well, it’s easy to just work “in” the business and not “on” it. In other words, the day-to-day customer and client demands dictate your day and you don’t take the steps to focus on important ways to position your company for the future. One of these actions is strategic planning. Which

If you own a business or advise business owners, you know that having a business partner can be one of the most fulfilling relationships (outside of a marriage). It can help “round out” your skills, give new perspective to your business, and allow the company to grow much faster than it would if you were

As a business owner, you may have protected your assets from liabilities by setting up a business entity such as a corporation or limited liability company. But have you protected your personal assets against other liabilities? Business owners have legal risks from business creditors. Risks include a customer who slips and falls on the owner’s