Trade professional desired to purchase the assets of a competitor and engaged DeAngelis Legal to assist with the structure and acquisition documents. The buyer preferred to keep the operations of each business separate and not merge them post-closing. DeAngelis Legal discussed the alternative corporate structures, created the acquiring entity and prepared the documents evidencing the [...]
The grey divorce trend hits Arizona. Common themes include the kids are off to college or living on their own, the family business is sold or managed by others or the couple simply wants to go a different direction. No animosity, but the legal divorce means a total reset to each person’s estate plan. Issues [...]
Business Transition Invitation 5.16.25
Client previously sold its operating business in better economic times, but the buyer couldn’t perform and ultimately liquidated the business. DeAngelis Legal assisted the client with the delicate multiparty negotiations (landlord, bank, trade creditors) to re-quire the assets of the business, prepared the documentation evidencing the purchase of the assets and closed the re-acquisition of [...]
Long time clients came in for their five year estate plan review and stated that they were contemplating additional financial gifts to their children. However, they had not addressed important issues regarding this complex and emotional decision. Persons contemplating gifts should ask a few important questions, including: Do you have sufficient capital and resources for [...]
It happened again! Successful, smart, responsible Scottsdale couple signed well drafted estate plan documents with another law firm and after signing, promptly threw the documents in a drawer. Fast forward 10+ years, numerous asset acquisitions in their individual names and an unexpected death, the surviving spouse engaged DeAngelis Legal to sort out the mess. DeAngelis [...]
New client engaged DeAngelis Legal to review the proposed premarital agreement with a wealthier spouse. DeAngelis Legal advised the client on his rights and obligations post-marriage and provided changes to the agreement which gave each party the protections they desired, but made the terms easier to implement. DeAngelis Legal worked with the spouse’s attorney to [...]
New Scottsdale client engaged DeAngelis Legal to assist with changes to her estate plan, which included an irrevocable trust. The joint trust created with her deceased husband contained provisions dividing the trust principal into a Survivor’s Trust and a Family Trust, with the later being irrevocable. After reviewing her alternatives, DeAngelis Legal prepared a Non-judicial [...]
Scottsdale couple with young children desired to update their simple estate plan. DeAngelis Legal worked with the couple to review their objectives and provide alternatives and prepared draft documents to create a revocable trust and new wills, update the agents under their financial and healthcare powers of attorney. We also assisted them on how to [...]
Scottsdale couple, each with children from a previous marriage, desired to update their general business and estate plans. DeAngelis Legal worked with the couple to design an overall plan that addressed their particular circumstances. DeAngelis Legal drafted the estate plan documents, which included a joint trust, an amended and restated separate property trust for one [...]
