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So far Quinn DeAngelis has created 211 blog entries.

March 2022 Irrevocable Trust Decanting

DeAngelis Legal represented a Scottsdale estate planning client with the decanting of his parent’s irrevocable trust.  The client is a current beneficiary of the trust, but wanted to clarify the terms upon which his children as secondary beneficiaries would receive its assets, especially because one child had special needs. DeAngelis Legal prepared the new trust [...]

By |2022-07-21T12:10:47-07:00April 15th, 2022|Recent Projects, Probate and Trust Administration, Protecting Family Wealth|Comments Off on March 2022 Irrevocable Trust Decanting

February 2022 Informal Probate

DeAngelis Legal assisted two new clients to open informal probate to transfer assets out of the deceased person’s name.  In both situations, the deceased person failed to transfer the asset to their trust and the account custodian (one a financial institution and the other a title company) required “Letters of Personal Representative” before they would [...]

By |2022-07-28T20:04:50-07:00March 15th, 2022|Recent Projects, Probate and Trust Administration|Comments Off on February 2022 Informal Probate

January 2022 Trust Decanting

DeAngelis Legal assisted with the trust decanting of an irrevocable trust.  We prepared the new trust instrument which holds a variety of closely held businesses, real estate entities and marketable securities.  The old instrument was prepared by another law firm and its terms did not meet with the settlors’ intent.  DeAngelis Legal worked with the [...]

By |2022-07-21T12:10:04-07:00February 15th, 2022|Probate and Trust Administration, Estate Planning, Succession Planning, Protecting Family Wealth|Comments Off on January 2022 Trust Decanting

December 2021 Sale of Business

DeAngelis Legal negotiated the terms of the letter of intent and purchase documents and assisted the closing of the sale of the business of a long time corporate client in Phoenix.  DeAngelis Legal had represented the entity since formation over 20 years ago.  Over the years, DeAngelis Legal provided advice on a variety of business [...]

By |2022-07-28T20:00:09-07:00January 15th, 2022|Past Newsletters, Recent Projects, Mergers & Acquisitions, Homepage|Comments Off on December 2021 Sale of Business

November 2021 Sale of Medical Practice

DeAngelis Legal assisted a long time Mesa client with the sale of her interest in a medical practice to her partner.  After many years of discussing alternatives, the parties came to terms.  DeAngelis Legal advised the seller on the terms and structure, prepared draft documents and negotiated changes requested by the buyer’s attorney and assisted [...]

By |2022-07-21T12:09:18-07:00December 15th, 2021|Recent Projects, Mergers & Acquisitions|Comments Off on November 2021 Sale of Medical Practice

DeAngelis Legal Food Drive

Earlier this year Quinn volunteered to pack food boxes at St. Mary’s Food Bank and was impressed with their mission and operations.  Currently, 1 in 4 Children live in poverty, and food insecurity rates are nearing 30% in Arizona.  This holiday season DeAngelis Legal has teamed up with the St. Mary’s Food Bank to fight [...]

By |2021-12-05T20:59:57-07:00December 5th, 2021|Recent Projects, Homepage|Comments Off on DeAngelis Legal Food Drive

October 2021 Entity Formation

DeAngelis Legal created several new entities this month in a variety of industries.  A couple corporations and several limited liability companies (LLCs).  The proper choice of entity and its proper tax character (c-corporation, s-corporation, partnership or disregarded entity) is largely driven by liability protection, the entity’s purpose and industry (i.e., real estate holding company, operating [...]

By |2022-07-28T20:05:42-07:00November 15th, 2021|Entity Formation, Recent Projects, Protecting Family Wealth|Comments Off on October 2021 Entity Formation

October 2021 Estate Planning

DeAngelis Legal assisted a Sedona high net worth couple with a comprehensive review of their estate planning documents, including their wills, trust, and family limited partnership.  DeAngelis Legal met with the couple to learn about their objectives, reviewed their current plan and made recommendations, prepared documents updating their plan to make it consistent with their [...]

By |2022-07-21T12:08:23-07:00November 15th, 2021|Federal Estate Tax, Recent Projects, Estate Planning, Succession Planning, Protecting Family Wealth|Comments Off on October 2021 Estate Planning

September 2021 Trust Termination

DeAngelis Legal assisted new client with the judicial termination of a Charitable Remainder Trust.  The trust was established many years earlier and was struggling to cover increased administrative costs and distributions to the income beneficiaries.  DeAngelis Legal worked with the income beneficiaries, the charitable remainder beneficiaries, their accountant and the corporate trustee to value the [...]

By |2022-07-21T12:07:50-07:00October 15th, 2021|Recent Projects, Probate and Trust Administration|Comments Off on September 2021 Trust Termination

September 2021 Corporate Review

DeAngelis Legal performed a corporate review of the structure and records of several new clients and proposed recommended changes to confirm with each client’s operations and objectives.  The clients created several entities over the years, creating a rat’s nest of entities.  Separate entities provide enhanced creditor protection, but owners need to adhere to corporate formalities [...]

By |2022-07-21T12:07:19-07:00October 15th, 2021|Recent Projects, Succession Planning, Protecting Family Wealth|Comments Off on September 2021 Corporate Review