High net worth Scottsdale couple sought assistance with creating a structure and strategy to make lifetime gifts to their children. DeAngelis Legal advised the clients on the varying interests of their children in the family business and income and estate tax issues. We also worked with the client’s bookkeeper, accountant and banker to design, draft [...]
Long time corporate client asked DeAngelis Legal to review a detailed letter of intent from a potential purchaser. DeAngelis Legal advised the client regarding its terms and revised the agreement to incorporate the client's desires. We also updated the entity’s records so they were up to date if a transaction occurs.
Long time high net worth Arizona based client desired to make large lifetime gifts to his children. DeAngelis Legal advised the client regarding funding, control and use of the gifts to take advantage of the new 2026 estate tax exemptions, protect the assets from the children’s creditors and control the disposition of the funds. We worked [...]
Mom died leaving various real estate investments to her children in trust. The children were also named as co-trustees. Unfortunately, mom made pre-death transfers to some of the children. The co-trustees engaged DeAngelis Legal to assist them to sort out the issues with these transfers. The issues addressed included: (1) determining if the pre-death transfers [...]
DeAngelis Legal performed a five-year review of a current high net worth Scottsdale couple’s estate plan in connection with the 2025 estate tax changes. After the review, the couple identified several areas that they desired to change, including the distribution scheme and lifetime gifting. DeAngelis Legal prepared the updated estate plan documents and implemented the [...]
Corporate client in Phoenix desired to create a new construction company with a minority owner. DeAngelis Legal formed the entity and integrated the entity into their estate plan structure and advised the client with the selection of the type of entity, tax characterization and the terms of operating agreement. We also drafted the formation documents.
Young new client from Chandler engaged DeAngelis Legal to assist with the review and analysis of a premarital agreement with her fiancé. DeAngelis Legal performed a comprehensive review of the terms of the agreement, provided recommendations and negotiated the terms with other spouse's counsel. We applaud this young couple’s commitment to communicating, resolving and documenting [...]
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 [...]
