Retiring owner of a Scottsdale business desired to sell her closely held LLC interest, triggering the buy-sell provisions of the operating agreement. DeAngelis Legal assisted the manager of the LLC to comply with the terms of the operating agreement and prepare the necessary documents implementing the transaction.
Widower in Phoenix died leaving three children as beneficiaries. Unfortunately, the widower made commitments benefiting one child over the others but failed to properly document the commitments. The trustee engaged DeAngelis Legal to assist him with the administration and resolve the conflicting interests of the siblings. In a refreshing result, the siblings were able to [...]
DeAngelis Legal provided legal services to a local physician regarding the sale of his medical practice in Arizona. We advised the client throughout the negotiations, which included the review of several letters of intent, drafting transaction documents and successfully closing the transaction. Even with several moving parts, the transaction was completed within six weeks. Congratulations [...]
Winter usually results in several deaths, but this January DeAngelis Legal was hit especially hard with several long-time and beloved clients dying over the holidays triggering the provisions of their formerly revocable trusts. Over time, we develop an affinity for our clients and learn so much from them that we also grieve their premature death. [...]
You have the power (maybe). Financial powers of attorney allow you (the principal) to appoint someone you trust (the agent) to perform certain acts related to your financial affairs on your behalf. These instruments have a variety of uses, but are often used in the estate planning industry in in conjunction with, or in lieu [...]
Because the values of a married couple’s estate and the amount of the estate tax exemption change over time, estate planners commonly use formulas in a will or trust to avoid inadvertently triggering an estate tax on the first spouse’s death. These formulas divide a deceased person's assets between a marital share which qualifies for [...]
Estate Planning Update January 2026 2026 Annual Gift Tax Exclusion: remains $19,000 per donor, per donee. 2026 Gift and Estate Tax Exemption: increased to $15,000,000 per person this year (an increase of $110,000 per individual or $220,000 for a married couple) and made permanent. See paragraph 6(a) below. Marital Deduction for Transfers to U.S. Spouse: [...]
Love was in the air this holiday season as we drafted, negotiated and signed three marital agreements, two for newlyweds and one for a couple in a long-term marriage. In each case DeAngelis Legal worked with the parties and their family law attorneys to resolve issues regarding jointly held property, spousal maintenance and death. Hopefully [...]
Ultra-high net worth client entered into negotiations to sell his business. The business’s attorneys handled the transaction documents, but DeAngelis Legal assisted the client to evaluate various transaction structures to reduce or defer income taxes on the transaction. After reviewing the alternatives, DeAngelis Legal created a new entity and other documents implementing the structure.
High net worth widow knew how she wanted her estate plan handled at death, but was not confident her estate planning attorney understood her desires and therefore had not updated her estate plan in years. After an in-depth review of her finances and objectives, DeAngelis Legal proposed a comprehensive estate plan which achieved her goals [...]
