Knowing What to Expect
Choosing between asset or stock sale usually comes down to whether the transaction is external or internal. An asset sale is appropriate for an external transition.
External sales not only involve the transition of client books and practice reputations, but can include equipment, office space, and other logistical elements. Each asset is treated differently when it comes to taxation, so knowing what to expect from your sale will save you from any surprises as the deal progresses.
This short white paper explains the differences in asset treatment and gives you an idea of what to plan for as your sale comes to a close.