deangelis

/deangelis

About deangelis

This author has not yet filled in any details.
So far deangelis has created 45 blog entries.

2017 Q2 Business Planning

The curse of the handshake deal. Few people enter into a new business or transaction expecting to lose money. However, it happens more often than not because the parties have not thought through common issues that can come up and agreed how to resolve them. Afterwards, we hear: “I should have called you before…” “I [...]

By | April 20th, 2017|Business Services|Comments Off on 2017 Q2 Business Planning

2017 Q2 Estate Planning

Ah spring. With the first set of income tax filings behind us, it is time to think about spring cleaning and summer plans, and estate planning is no different. Take this opportunity to review and assess your personal finances and ask a few questions: 1. Are your investments titled properly to protect you and your [...]

By | April 20th, 2017|Estate Planning|Comments Off on 2017 Q2 Estate Planning

3 Year-End Business Legal Tips

As business owners turn their attention to the fourth quarter, their minds turn to what needs to be done before year end.  Most successful organizations are good at their business and don't have a lot of legal issues so their corporate records get overlooked or pushed to the bottom of the pile, year after year. [...]

By | October 28th, 2016|Business Services|Comments Off on 3 Year-End Business Legal Tips

3 Year-End Estate Planning Tips

The last two months of the year are always busy.  Family, friends, and events pile up on each other making you long for the slow pace of summer.  With this in mind, we don't recommend an exhaustive analysis at this time, but like the 3 year-end estate planning tips below to review at year-end.  Otherwise, [...]

By | October 28th, 2016|Estate Planning|Comments Off on 3 Year-End Estate Planning Tips

August 2016 Real Estate

Real Estate Represented the seller with the negotiations and documentation of the bulk sale of residential lots and seller carryback loan documents.  DeAngelis Legal previously represented this elderly client with a variety of legal issues over the years, including estate planning, probate, acquisition of the lender’s interest in a note and deed of trust, transfer [...]

By | August 27th, 2016|Real Estate, Recent Projects|Comments Off on August 2016 Real Estate

August 2016 Estate Planning

Estate Planning Created simple estate plan for widow with two children.  Elderly new client desired that her assets be divided equally between her children, but if a child predeceased her she wanted to disinherit one of her grandchildren.  She also wanted one daughter to manage all financial decisions, but the other daughter to make her [...]

By | August 27th, 2016|Estate Planning, Recent Projects|Comments Off on August 2016 Estate Planning

August 2016 Business Services

Business Law Formed several entities to hold real estate investments.  Middle aged executive and his wife desired to shield their personal assets from their real estate investments and simplify the management of their real estate activities in connection with their estate plan which DeAngelis Legal had previously prepared.  Working with their financial advisor and CPA, [...]

By | August 23rd, 2016|Business Services, Homepage|Comments Off on August 2016 Business Services

July 2016 Estate Planning

Estate Planning Update July, 2016 2016 Annual Gift Tax Exemption:  remains at $14,000 per donor, per donee. 2016 Gift and Estate Tax Exemption:  rose to $5,450,000 per donor, inflation adjusted. Marital Deduction for Transfers to U.S. Spouse:  unlimited. 2016 Generation Skipping Tax Exemption:  $5,450,000 per donor, inflation adjusted. Top rate for Federal Estate, Gift and Generation [...]

By | August 9th, 2016|Annual Estate Plan Updates, Federal Estate Tax, Homepage, Recent Projects|Comments Off on July 2016 Estate Planning

July 2016 Trust Administration

Trust Administration Assisted trustee with recovery of real estate improperly removed from trust.  Father of three prepared a trust governing the rights and obligations of his children with respect to the family cabin with another attorney.  However, prior to his death father became extremely weak and was in and out of the hospital.  Towards the [...]

By | July 27th, 2016|Homepage, Probate and Trust Administration, Recent Projects|Comments Off on July 2016 Trust Administration

July 2016 Estate Planning

Estate Planning Created sophisticated estate plan for couple with children and illiquid assets, including several real estate businesses and investments.  After a comprehensive review of the couple’s objectives and affairs, DeAngelis Legal discussed alternatives and proposed a structure for the efficient transfer of illiquid assets to the surviving spouse and children.  DeAngelis Legal prepared updated [...]

By | July 27th, 2016|Estate Planning, Homepage, Recent Projects|Comments Off on July 2016 Estate Planning