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So far Quinn DeAngelis has created 260 blog entries.

February 2024 High Net Worth Estate Plan Review

High net worth Chandler couple asked for a review of their estate plan and associated estate taxes. DeAngelis Legal performed a comprehensive review of their finances and estate plan, including financial statements, trusts, and beneficiary designations on retirement accounts and life insurance. DeAngelis Legal identified several options for reducing their estate tax obligations by several [...]

By |2024-03-13T18:49:44-07:00March 15th, 2024|Recent Projects, Federal Estate Tax, Estate Planning, Succession Planning, Protecting Family Wealth, Homepage|Comments Off on February 2024 High Net Worth Estate Plan Review

February 2024 Corporate Dissolutions

Several clients had entities with little or no purpose, so we began the dissolution and termination process. In addition to starting the statute of limitations on potential claims and limiting the potential for fraud, cleaning up your corporate structure will make it easier to administer of your affairs upon a death or disability and avoids [...]

By |2024-03-13T18:46:07-07:00March 15th, 2024|Recent Projects, Business Services, Protecting Family Wealth, Homepage|Comments Off on February 2024 Corporate Dissolutions

January 2024 High Net Worth Estate Planning

High net worth second marriage couple from Phoenix desired to review and update their estate plan, which included bequests of sole and separate property to each spouse’s children.    DeAngelis Legal reviewed the couple’s current estate plan, worked with their investment advisor and accountant to identify and resolve a variety of income tax, estate tax and [...]

By |2024-02-02T21:11:03-07:00February 15th, 2024|Recent Projects, Federal Estate Tax, Estate Planning, Succession Planning, Protecting Family Wealth|Comments Off on January 2024 High Net Worth Estate Planning

January 2024 Trust Administration

Successor trustee desired assistance with the administration of a simple trust. During administration, the beneficiaries of the trust requested that the trustee modify the provisions of the trust, including altering the remainder beneficiaries, one of which was an incapacitated adult. DeAngelis Legal provided proper notice to creditors and beneficiaries, advised the trustee as to permissible [...]

By |2024-02-02T21:07:21-07:00February 15th, 2024|Recent Projects, Probate and Trust Administration, Protecting Family Wealth|Comments Off on January 2024 Trust Administration

December 2023 Mergers and Acquisitions

Ultra high net worth couple acquired the majority stake in a foreign entity holding real estate operated by the minority party. As is often the case in these arrangements, conflicts arose between the parties regarding the ownership, control and management of the property. Complicating matters were incomplete financial records and communication issues. DeAngelis Legal worked [...]

By |2024-01-22T19:51:04-07:00January 15th, 2024|Real Estate, Recent Projects, Mergers & Acquisitions, Homepage|Comments Off on December 2023 Mergers and Acquisitions

January 2024 Estate Planning Update

Estate Planning Update January 2024 1. 2024 Annual Gift Tax Exclusion: increased to $18,000 per donor, per donee. 2. 2024 Gift and Estate Tax Exemption: increased to $13,610,000 per donor through 2025, see #6, an increase of $690,000. 3. Marital Deduction for Transfers to U.S. Spouse: remains unlimited. 4. 2023 Generation Skipping Tax Exemption: increased [...]

By |2024-01-22T20:10:52-07:00January 15th, 2024|Annual Estate Plan Updates, Past Newsletters, Federal Estate Tax, Entity Formation, Business Services|Comments Off on January 2024 Estate Planning Update

The Corporate Transparency Act (CTA) – New Year. New Requirements.

Beginning January 1, 2024, the US Corporate Transparency Act (CTA) will require corporations, limited liability companies, limited partnerships, trusts and other similar entities to disclose beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN), a bureau within the US Department of the Treasury. The CTA aims to enhance financial transparency and strengthen anti-money laundering [...]

By |2024-01-18T19:14:48-07:00January 1st, 2024|Past Newsletters, Entity Formation|Comments Off on The Corporate Transparency Act (CTA) – New Year. New Requirements.

November 2023 Mergers and Acquisitions

Co-owners of successful Arizona based closely held business disagreed about the entity’s future, its ownership and its management.  DeAngelis Legal reviewed the parties’ shareholder agreement and other corporate documents, advised the owner regarding various exit strategies and negotiated and implemented the ultimate sale of a non-controlling interest to a third party.

By |2024-01-22T19:47:46-07:00December 15th, 2023|Recent Projects, Mergers & Acquisitions, Homepage|Comments Off on November 2023 Mergers and Acquisitions

November 2023 Employment Agreement

Majority owner of Arizona based business desired to sell its interest to a third party. However, the minority owner and operator had different objectives. DeAngelis Legal met with the minority owner, reviewed the transaction documents and provided comments and suggestions to the minority owner to use in his employment agreement negotiations.

By |2024-01-22T19:44:35-07:00December 15th, 2023|Recent Projects, Mergers & Acquisitions, Business Services|Comments Off on November 2023 Employment Agreement