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    Letter of Intent to Purchase Assets and Shares but Not Debt


    Write a letter of intent to purchase the assets and shares of a business, but not its debt, with this downloadable and customizable template.

    • The LOI is only legally binding insofar as it relates to the negotiations being conducted between the parties with respect to the purchase.
    • The buyer will not assume the liabilities or obligations of the business.
    • All pre-closing debts are to be paid by the seller.
    • The seller will be responsible for preparing and filing the closing income tax return and for terminating all employees.
    • The buyer will make employment offers to the employees after the closing.

    The Letter of Intent to Purchase Assets and Shares but Not Debt can be easily tailored to fit your particular circumstances. Why pay expensive legal fees when you can do it yourself with this easy template?

    Download Type: Microsoft Word
    Last Updated: 11-January-2021
    SKU: 6310
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    Establishing an Offshore Structure for Canadians


    This in-depth article describes a variety of offshore structures available to residents of Canada, for the purpose of asset protection. In particular, opportunities in the Bahamas are discussed.

    The article provides a variety of information, including:
    • a summary of how each structure is established,
    • the purposes, advantages and disadvantages of each type of structure,
    • international business corporations,
    • settlement trusts,
    • international foundations,
    • universal life insurance,
    • international deferred compensation programs,
    • income stabilization plans,
    • individual and corporate funding methods.
    Establishing an Offshore Structure for Canadians is intended for residents of Canada, and is provided in Adobe PDF format.