TRUST, WILLS & PROBATE
Probate is the legal process whereby a will is "proved" in a court and accepted as a valid public document that is the true last testament of the deceased. The granting of probate is the first step in the legal process of administering the estate of a deceased person, resolving all claims and distributing the deceased person's property under a will.
A living trust is simply a way to transfer assets to the trust during the trust creator's lifetime. One huge difference between a living trust and a will is that a will must go through probate, while a living trust doesn't. Probate is the process that transfers property upon a person's death.
What is Estate Planning?
Estate Planning is the process whereby you create a calculated plan for the management and distribution of ones assets in the event of indisposition or death and also ) the carrying out of ones wishes with regard to care taking of the person or remains upon ones indisposition or death. Estate planning requires you to arrange all of ones assets and make specific determinations as to who one wants to receive the assets.. It requires one to evaluate the financial and tax consequences of those actions and prepare for them.
Business Corporate Formation, Entity & Shareholder Agreements
Business law focuses on the other aspects of business, including forming a company, mergers and acquisitions, shareholder rights, and property issues such as leasing office or warehouse space. A business that sells products will almost certainly need a lawyer with experience in both of these fields