There are several legitimate strategies that can protect your personal assets from creditors and lawsuits. These can range from the most basic and traditional, such as obtaining insurance policies or forming a business entity to hold assets, to more complex planning, such as family limited partnerships and asset protection trusts. We are here to help you choose the right types of protection for your specific circumstances.
Whether you intend to start a new business, to purchase or sell an existing business, or would like to create an entity such as a limited liability company, a corporation, or a foundation, we can provide expert advice, and help you know which entity is right for you. We also assist with organizing, incorporating, structuring, and drafting agreements for your business so that you can get back to doing what you do best.
We plan vacations, we plan weddings, and we plan for retirement, but most of us avoid planning for what will happen to our estate after we die. Good estate planning is more than simply drafting a will. When done properly, having a robust estate plan will allow you to plan for future financial and medical decisions, it will provide you with greater protection and control over your assets while you are alive, it will provide flexibility and safety if you ever become incapacitated, and it will save your loved ones significant time, money, and heartache after you die.
Probate is a court-supervised procedure which allows a deceased person’s estate to be administered and for assets to be distributed. If the decedent did not have a trust, and either owned real property, or had a combined estate with a value greater than $100,000 but which lacks proper beneficiary designations or transfer on death alternatives, then Probate is required. If the beneficiaries of the decedent are in mutual agreement with what is to be done, we can assist you through a process called Informal Probate.
REAL ESTATE LAW
If you plan to acquire or sell real property, or would like to transfer your existing property into a separate entity, we can provide you with assistance. We have experience with drafting and reviewing real estate purchase contracts, loan documents, deeds, agreements, and can help verify a clean title and transfer.