Tom is an experienced business attorney who works with corporations, partnerships, family-owned and closely held businesses, individuals, trusts and estates. Over the course of his career, Tom has amassed a deep knowledge of the many tax strategies for operating privately held businesses. He has guided clients through choice of entity in business formation, counseling them on the various legal structures available to them, including S corporations, family limited partnerships and limited liability companies. As their business matures, Tom advises clients on the effective operation of their entities and the transition of their business to younger generations, third-party buyers or employees.
Tom provides legal counsel to many privately owned retail supermarket companies nationally on negotiating and drafting purchase and sale agreements, shareholder buy-sell agreements and implementing business succession plans.
Prior to joining Fredrikson & Byron, Tom was the president of his own law firm where he advised owners of closely-held businesses for more than two decades. Before launching his own firm Tom served as the director of Business Succession and Estate Planning at a Fortune 500 food distribution company where he provided business, income tax, estate and succession planning services to its customers.