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Pearl’s Estate Planning Tips

Pearl Meet Pearl.  Pearl joined the office last fall and has quickly changed the culture.  In addition to having a keen eye for fashion, she entertains us with her simple outlook and excitabilty.  What gets her excited?  Here are few estate planning tips that get her really going: Sign your documents.  Every day [...]

By | 2018-01-26T20:48:13+00:00 January 15th, 2018|Estate Planning, Probate and Trust Administration|Comments Off on Pearl’s Estate Planning Tips

January 2018 Estate Plan Update

Estate Plan Update January, 2018 2018 Annual Gift Tax Exemption: increased to $15,000 (from $14,000) per donor, per donee. 2018 Gift and Estate Tax Exemption: $11,200,000 per donor for next 8 years, see below. Marital Deduction for Transfers to U.S. Spouse: unlimited. 2018 Generation Skipping Tax Exemption: $11,200,000 per donor, see below. Top rate for [...]

By | 2018-01-26T18:54:58+00:00 January 15th, 2018|Annual Estate Plan Updates, Entity Formation, Federal Estate Tax|Comments Off on January 2018 Estate Plan Update

December 2017 Mergers and Acquisitions

December 2017 Mergers and Acquisitions Represented the buyer with the structure, negotiations and documentation relating to the acquisition of a minority interest in a family owned healthcare company.  The son and daughter bought out the remaining interest of their mother on deferred terms.  DeAngelis Legal worked with the buyer and seller’s legal and accounting teams [...]

By | 2018-01-26T17:55:59+00:00 January 15th, 2018|Homepage, Mergers & Acquisitions, Recent Projects|Comments Off on December 2017 Mergers and Acquisitions

December 2017 Trust Administration

December 2017 Trust Administration Represented husband with the unwinding of a flawed complex asset protection and estate plan in connection with a divorce.  DeAngelis Legal coordinated with each spouse’s divorce counsel, business counsel and accountants to evaluate and document the termination of an irrevocable trust established for their children.  DeAngelis Legal prepared the non-judicial settlement [...]

By | 2018-01-26T17:55:38+00:00 January 15th, 2018|Estate Planning, Homepage, Recent Projects|Comments Off on December 2017 Trust Administration

December 2017 Estate Planning

December 2017 Estate Planning Represented wife with the preparation of an updated estate plan.  Husband of sixty years suffered from Alzheimer’s disease which prevented him from updating his documents.  DeAngelis Legal evaluated the circumstances and prepared the documentation necessary to implement changes to wife’s estate plan to protect husband and children.

By | 2018-01-26T17:55:14+00:00 January 15th, 2018|Recent Projects|Comments Off on December 2017 Estate Planning

November 2017 Trust Administration

November 2017 Trust Administration Represented surviving spouse with allocation of assets among sub-trusts upon the death of spouse.  DeAngelis Legal assisted the surviving spouse in wrapping up the affairs of the deceased spouse and allocating the assets between the Survivor’s and Decedent’s trusts.  DeAngelis Legal also assisted the surviving spouse with an update to her [...]

By | 2018-01-26T17:54:01+00:00 December 15th, 2017|Recent Projects|Comments Off on November 2017 Trust Administration

November 2017 Sophisticated Estate Planning

November 2017 Sophisticated Estate Planning Designed, drafted and implemented sophisticated estate plan for couple with one child and estate tax issues.  The estate plan included a complex revocable trust providing for survivor’s, marital and decedent’s trusts as well as an irrevocable life insurance trust or ILIT (see Advanced Estate Planning Tools) to hold a large life [...]

By | 2018-01-26T17:53:29+00:00 December 15th, 2017|Estate Planning, Recent Projects|Comments Off on November 2017 Sophisticated Estate Planning

October 2017 Estate Planning

October 2017 Estate Planning Represented husband with post-marital agreement and simple estate plan.  While his assets were modest, their finances were complicated by wife’s creditors.  Husband considered holding title in the name of a third party, but that solution resulted in many drawbacks including inability to borrow against the assets, loss of control and added [...]

By | 2018-01-26T17:52:37+00:00 November 15th, 2017|Estate Planning, Homepage, Recent Projects|Comments Off on October 2017 Estate Planning

October 2017 Mergers and Acquisitions

October 2017 Mergers and Acquisitions Represented husband and wife with the structure, negotiations and documentation relating to the acquisition of interests in a medical practice.  DeAngelis Legal worked with the buyers to structure the transaction to defer and minimize income taxes without adverse cashflow implications and negligible estate tax consequences.  DeAngelis Legal prepared the transaction [...]

By | 2018-01-26T17:52:07+00:00 November 15th, 2017|Mergers & Acquisitions|Comments Off on October 2017 Mergers and Acquisitions

October 2017 Estate Planning

October 2017 Estate Planning. Represented couple with the overhaul of their estate plan.  Spouses had differing ideas on how and when illiquid assets should be transferred at death to the surviving spouse and children from previous marriages.  After a lengthy interview regarding their preferences and concerns, DeAngelis Legal proposed, drafted and implemented an estate plan [...]

By | 2018-01-26T17:51:34+00:00 November 15th, 2017|Probate and Trust Administration, Recent Projects, Uncategorized|Comments Off on October 2017 Estate Planning