803-254-2200 803-254-2200

For business and legal updates:

attorneys

J. David Johnson, IV

Of Counsel | Columbia, SC | Florence, SC |

djohnson@turnerpadget.com   |   vcard   |   843-656-4419

Blog Posts

Why Your Lawyer and Accountant Should Work as a Team

One of the first things I do when I get a new business client is to ask if they have a relationship with an accountant. With the client's permission, I'll call the accountant, introduce myself and open up the lines of communication between us. 

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What You Need to Know about Estimating the Value of Your Business

If you're considering buying or selling a business, including it in estate planning or setting terms for a buy-sell agreement that is part of succession planning, you want to know what it's worth. While valuing a business certainly includes subjective judgments, there is a method to arriving at an accurate estimate.

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Don’t Allow Your Business to Become a Victim of the Dreaded Ds

Is your closely-held business protected from the five dreaded Ds – death, disability, divorce, disaster and disagreement?

Turmoil, and even business failure, can follow if you don’t have a legal succession plan in place when any of these events occur. While this may not offer you any comfort, you are certainly not alone if you haven’t yet set up a succession plan: fewer than half of closely-held and family-owned businesses have a plan in place that covers these contingencies.

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