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July 2018 Estate Planning

Represented newly married Scottsdale spouse to design, draft and implement a comprehensive estate plan, which included the beneficial interests in several irrevocable trusts and other family assets.  DeAngelis Legal worked with the client, the family’s bank and other advisors to create a plan that protected inherited assets and provided financial support to the new spouse [...]

By |2018-10-21T16:43:56+00:00August 15th, 2018|Recent Projects|Comments Off on July 2018 Estate Planning

July 2018 Sophisticated Estate Planning and Trust Termination

Represented Scottsdale husband and wife with the review and update to the estate plan.  DeAngelis Legal created the plan in 2007 and the clients desired to review their decisions.  After reviewing the details of their plan they decided to make minor adjustments to the successor trustees.  During the review DeAngelis Legal also provided alternatives for [...]

By |2018-10-21T16:40:38+00:00August 15th, 2018|Recent Projects|Comments Off on July 2018 Sophisticated Estate Planning and Trust Termination

199A Pass through Deduction

On August 8, 2018 the IRS issued regulations interpreting the new 20% deduction for qualified business income (QBI) created by the Tax Cuts and Jobs Act -- signed into law on December 22, 2017 (“TCJA”), also known as the 199A Pass Through Deduction.  Here's a summary of the basic rules: What is the 199A pass through [...]

By |2018-10-23T14:48:06+00:00August 8th, 2018|Entity Formation, Business Services, Homepage|Comments Off on 199A Pass through Deduction

July 2018 Estate Plan Update

Estate Planning Update July, 2018 2018 Annual Gift Tax Exemption: increased to $15,000 (from $14,000) per donor, per donee. 2018 Gift and Estate Tax Exemption: $11,180,000 per donor through 2025, see below. Marital Deduction for Transfers to U.S. Spouse: unlimited. 2018 Generation Skipping Tax Exemption: $11,180,000 per donor through 2025, see below. Top rate for [...]

By |2018-08-11T16:23:59+00:00July 15th, 2018|Annual Estate Plan Updates, Past Newsletters|Comments Off on July 2018 Estate Plan Update

June 2018 Formation of Entities

Represented several different entrepreneurs with the formation of entities in the medical and construction industries. DeAngelis Legal assisted with the entity selection, structure and prepared the necessary formation documents for the entities which included a comprehensive shareholders agreement, bylaws and employment agreements for one entity and an operating agreement for the other.

By |2018-07-19T18:36:40+00:00July 15th, 2018|Entity Formation, Recent Projects, Homepage|Comments Off on June 2018 Formation of Entities

June 2018 Trust Administration

Represented trustees with administration of a multi-million dollar trust. Trustees desired to protect beneficiaries and provide for continued management of the trust's assets.  DeAngelis Legal worked with the trustees, beneficiaries and successor co-trustees, including adding a corporate trustee, to resolve the issues and document the transition and ongoing management plan.  The plan included decanting the terms of [...]

By |2018-07-19T18:13:37+00:00July 15th, 2018|Recent Projects, Probate and Trust Administration, Homepage|Comments Off on June 2018 Trust Administration

May 2018 Entity Re-organization

Represented husband and wife with reorganization of their various real estate and construction entities. Couple had several entities, an operating company and properties held outside the structure.  DeAngelis legal reviewed and updated the corporate structure to limit their liability exposure and address income tax compliance issues.  We also prepared the deeds and governing instruments.

By |2018-10-21T17:17:24+00:00June 15th, 2018|Recent Projects, Mergers & Acquisitions|Comments Off on May 2018 Entity Re-organization

May 2018 Sophisticated Estate Planning

May 2018 Sophisticated Estate Planning Represented Canadian citizens, but permanent residents of the United States, with the review, preparation and implementation of a comprehensive trust.  Couple relocated to the United States after selling their business.  They have two adult children and a large estate.  Working with a large financial institution, DeAngelis Legal led the process [...]

By |2018-05-13T15:40:56+00:00June 15th, 2018|Recent Projects, Estate Planning|Comments Off on May 2018 Sophisticated Estate Planning

April 2018 Arizona LLC Act signed into law April 10, 2018

Quinn has been participating on the State Bar's Business Law Section committee reviewing and drafting Arizona's new Limited Liability Company Act that was signed into law April 10, 2018. He is also on the panel of speakers introducing the legislation at the State Bar Convention in June. The Act does not become effective until September [...]

By |2019-01-10T16:05:13+00:00May 15th, 2018|Entity Formation, Recent Projects, Business Services, Homepage|Comments Off on April 2018 Arizona LLC Act signed into law April 10, 2018

April 2018 Contract Terms of Service and Privacy Policy Update

Have you seen those annoying emails from websites recently notifying you of changes to their contract terms of service and privacy policy? DeAngelis Legal recently reviewed and revised a new website's terms and privacy policy in preparation for launch. Keeping contract terms relevant is an important part of protecting your business.

By |2018-05-15T18:30:12+00:00May 15th, 2018|Recent Projects, Business Services, Homepage|Comments Off on April 2018 Contract Terms of Service and Privacy Policy Update