Bar Bulletin

Bar Bulletin

Rollover Business Startups as a Legal Service

July 2017 Bar Bulletin

By Frank Selden

For 12 years, I offered legal advice about rollover business startup (ROBS) arrangements, which allow 401K plan investment of one’s own qualified retirement funds into a corporation to start a new business or add capital to an existing one. The arrangements were created by promotion companies, which did not always set clients up for complete success. This year I decided to take a stand against some of the promoter methods by creating a ROBS structure as a legal service.

Interest from potential clients is more than I know how to handle with my existing solo practice. Two months ago, I created a webinar...

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