Our Services
Thomas L. Bird & Associates, P.A., offers more than 25 years of experience serving family-owned businesses, primarily grocery store retailers. We provide specific legal services that help you form, buy, or sell a business, run your business in the most tax efficient manner, design your estate plan, and develop and carry out your business succession plan.
We, too, are a small business and therefore understand that your business represents the fruits of your labor over a lifetime. We keep our overhead low so that we can keep our fees reasonable. A major advantage of working with us is that we work closely with your SUPERVALU team of advisors and their full complement of expertise in virtually every area of retail support. Thomas L. Bird & Associates can help you with:
Forming, Buying or Selling a Business
We help you to choose the best entity or structure for legal and tax purposes, evaluating the many business considerations and helping you determine the most advantageous structure for your purchase or sale. We then negotiate and prepare legal documents to implement your plan.
Running a Tax Efficient Business
We review and evaluate your current business entities, ownership structure, and liquidity needs, as well as future business plans, including buy-sell agreements and retirement plans. We run financial projections as needed, and negotiate and prepare any necessary legal documents.
Estate Planning
We review your current wills and trusts as well as your life insurance policies, considering ways to avoid probate and reduce or eliminate estate taxes. We then run financial projections to illustrate the impact of your current estate plan as well as tax savings from recommended changes. We also prepare estate planning documents, such as wills, revocable trusts, powers of attorney, health care directives, and irrevocable life insurance trusts.
Business Succession Planning
We review and evaluate your current business entities, ownership, capitalization, cash flow, and succession plan, then assist you with establishing priorities and setting goals. We discuss and design a succession plan that ensures your economic security and minimizes income taxes on the transfer to the next generation.
