Kutner Law Blog
We have had a number of dental transactions in the last year that were terminated or had difficulties because of there being no associate agreements. The following brief fact situations reflects the importance of having proper associate agreements, especially from the principal’s point of view:
1. In one situation, a long-term
Kutner Law LLP would like to wish you a happy and prosperous 2017. We thought it would be a good time to remind you of a few important items to ensure your 2017 is a successful one:
1. Make sure you are tracking important dates in your lease. One of the
Sale of Goodwill before January 1, 2017 – Sale of Assets
Our dental clients have expended a considerable amount of effort in building the goodwill of their practice which in many cases exceed $1,000,000.00. On a sale of your practice (if you are selling assets not shares) the value attributed to
Almost all contracts entered into by our clients contain the clause “Time is of the essence”. This basically means that your covenants and obligations must be completed within the time frame agreed to in your contract. The following are a few examples of clauses in contracts, whether real estate or
Kutner Law LLP presented to Aim Home Realty on March 19, 2015 and discussed certain tax issues that may arise when purchasing residential real estate. For more information please download the presentation here.
At Kutner Law we are seeing more and more dentists teaming up to purchase or start new dental practices. In many instances this type of arrangement is beneficial to the dentists, it spreads the risk a
Whether you are a large corporation, a medicine professional corporation, a dentistry professional corporation, a holding corporation or any other type of corporation in Ontario you must have a minute
What is a Power of Attorney? A power of attorney is a document that gives someone else the right to act on your behalf. There are different types of powers of attorney: • Continuing power of attorney for property, which provides for a person of your choosing, also known as your “Attorney” to handle your
For the past few months we have been receiving questions from our doctor and dentist clients about whether the new federal budget would restrict or eliminate the advantages of setting up a professional corporation.
As we begin the 2016 year the market for dental practices in the GTA continues to remain as hot as ever. Many of our dental clients continue to look for that right practice and it is becoming increasingly more difficult. Our advice is to continue to look, sign up for all the broker listings and