Kenneth L. Wenzel

Managing Shareholder
817.877.1088
E-mail Kenneth

Bourland, Wall & Wenzel, P.C.
301 Commerce Street, Suite 1500
Fort Worth, Texas 76102

Mr. Wenzel is a shareholder of the firm and has represented numerous closely held and family businesses throughout the state of Texas since 1980. He advises clients on issues dealing with everything from the formation of the business to the sale or other disposition of the business including coordinating the business planning with the client’s overall estate and succession planning. Mr. Wenzel’s scope of services over the years has been widely varied and includes counseling clients on choice of entity, management structure, buy-sell planning, employment contracts, third party contracts, mergers and acquisitions, stock options, alternative compensation plans, bank financing and the federal and state tax issues related to such planning. Actively involved in the development and implementation of family limited partnerships and Texas franchise tax reorganizations, he has received two IRS Private Letter Rulings approving a Texas franchise tax reorganization plan.

Relevant Experience

• Speaker at local and state seminars on Family Limited Partnerships, Choice of Entity and Acquisition and Disposition of Businesses
• Expert quoted in The New York Times, Money Guide Magazine and Nations Business Magazine
• Author of articles for The Business Press
• Co-Author of the seminar article, “Acquisition and Dispositions of Closely-Held Companies”
• Co-Author of the seminar article, “Family Limited Partnerships”
• Co-Author of the seminar article, “Ethics: Estate Planning For The Family Business Owner”
• Co-Author of the seminar article, “Choice of Entity”
• Co-Author of the seminar article, “Care and Feeding of the Family Limited Partnership”

Practice Areas

Estate Planning and Probate
Estate Planning
Estate, Gift, and Generation-Skipping Transfer Tax Planning
Family Business Succession Planning
Family Limited Partnerships
Trust Planning
Wealth Migration Planning
Wills

Business Planning
Business Reorganizations
Business Succession Planning
Buy-Sell Agreements
Choice of Business Entity & Planning
Contract Law
Corporate Transactions
Family Limited Partnerships
General Business Advisement
Partnership Law
Shareholder Agreements

Employment Law
Compensation and Benefit Planning
Covenants Not to Compete and Confidentiality Agreements
Employment and Independent Contractor Agreements

Acquisitions and Dispositions of Business
Asset Sale and Purchase Agreements
Letters of Intent
Mergers and Acquisitions
Partnership and Limited Liability Sale and Purchase Agreements
Stock Sale and Purchase Agreements
Tax on Sale of Business

Tax Planning
1031 Tax Deferred Exchanges
Corporate Tax
Deferred Compensation Planning
Entity Combinations / Divisions
Individual Tax Planning
Margin Tax Planning
Oil and Gas Tax
Partnership Tax
S Corporation Tax
Tax on Sale of Business

Background & Education

Born in Austin, Texas
B.S. Southwestern University
J.D. University of Houston

Admissions & Certifications

Admitted: 1980, Texas
Board Certified: Tax Law - Texas Board of Legal Specialization

Membership

State Bar of Texas (Member: Business Law Section, Taxation Law Section)
Tarrant County Bar Association (Member: Tax and Estate Planning Section, Corporate & Taxation Section)