Business Dissolution

Business Dissolution

Ending the Corporate Form: What to Do and How to Do It

The decision to voluntarily dissolve a business may come about for a variety of reasons, and can quickly become very complicated without an experienced probate attorney to assist you with the ins and outs of the process. Before a business can be formally dissolved, the appropriate tax authorities and creditors must be notified, and final taxes and bills must be paid. Depending on the form of the business, assets might need to be distributed to shareholders, members, or partners. The process can be relatively simple using standard forms for smaller operations, while large corporations might take an extended amount of time and even require litigation on disputed matters. The requirements for notification vary by jurisdiction; thus, it is important that you retain an attorney to assist you in the dissolution to ensure the process goes as smoothly and efficiently as possible.

The attorneys of Parkman White, LLP have years of experience handling business dissolutions for various incorporated forms, and can assist you in this often complex process. Contact the Birmingham legal team today at 205-502-2000 for a consultation, and let us put our experience to work for you.  We assist clients from Alabaster, Homewood, Gardendale, or any of the areas surrounding Birmingham, Alabama and would be glad to discuss your legal needs.