We work with every client to create an estate plan that meets their unique goals. While every family is different, we have found that there are some common concerns for most families.
Parents of adult children often are concerned with these issues:
Parents of young children often have three basic estate planning goals:
There are three main legal documents that we use to accomplish these goals.
Wills are the simplest estate planning tools. They are extremely flexible and provide for appointment of guardians, tax savings trusts, and trusts for children. They do not substantially reduce the costs of wealth transfer (i.e. probate).
Living trusts are legal entities that hold property during a persons' life and provide for a distribution plan after death. All assets in the living trust avoid probate. Living trusts are coordinated with pour-over wills (a special kind of simple will) to appoint guardians and tie up loose ends.
Powers of Attorney
Powers of attorney allow someone to make decisions and take actions on your behalf. There are two key documents for estate planning purposes:
Sophisticated estate planning involves numerous devices designed to reduce or shift tax liability. If your estate is large, ask us about other devices.
When you launch a new business, you will likely encounter a host of legal issues. From selecting the optimal business structure to negotiating contracts, from ensuring that the company's name doesn't infringe on another business's intellectual property to hiring new employers--almost everything that small business owners do touches on some aspect of business law. We can help you navigate through complex situations and provide pre-emptive measures to avoid litigation. New companies must take steps to comply with the law even before opening their doors. We assist in forming new entities on behalf of our clients by filing necessary documents and customizing the needs of the businesses by forming corporations, limited liability companies (LLCs), partnerships, and other entities.