- Limited Liability CompaniesOrganizing a limited liability company requires analysis of many issues similar to those faced in forming a corporation. Major differences include tax considerations as well as the preparation of an operating agreement. The operating agreement specifies a variety of terms agreed upon by the members and states operating rules and procedures that govern the LLC.
- Employment ContractIn addition to the foregoing matters, we prepare agreements for the purchase or sale of a business or the stock of a corporation, commercial and residential leases, as well as independent contractor agreements and employment agreements. All of these agreements require a variety of considerations for each of the parties who benefit from the execution of a complete and clear agreement identifying the terms agreed upon by the parties.
- Estate PlanningEstate planning is a process that involves advance planning for incapacity and death through the preparation of documents to minimize expense, delay, and publicity in dealing with financial and healthcare issues. The issues to be addressed will not be the same for all individuals and married couples. However, certain documents are generally executed as the core of each estate plan.
- TrustsIrrevocable trusts are often used for most complex tax planning. One common use is to hold ownership of life insurance policies to avoid inclusion of the death proceeds in the estate of the insured for estate tax purposes.
- Power of AttorneyA power of attorney is executed by the “principal” to appoint an “agent” to manage financial and legal affairs of the “principal”. A durable power of attorney remains valid during the incapacity of the principal. Under all powers of attorney, the authority of the agent terminates immediately upon the death of the principal. The powers granted to the agent may be broad or very limited based on the preferences of each individual.
- Probate
- Tax LawOur firm provides advice to clients regarding estate, gift, and income tax planning for retirement and death. We also consult with business clients regarding the most advantageous form of entity for income tax and other business tax purposes.