Recent Projects

July 2023 General Business

Arizona closely held service business navigated the resignation of an employee and the mutual termination of the entirety of their business and employment relationship. DeAngelis Legal reviewed the company’s Buy-Sell Agreement and General Release, responded to the departing employee’s claims, advised the remaining owners of their rights and obligations and successfully negotiated the resolution of [...]

By |2024-01-18T20:02:49-07:00August 15th, 2023|Recent Projects, Business Services, Homepage|Comments Off on July 2023 General Business

July 2023 Sophisticated Estate Planning

Long time Scottsdale estate and business clients desired to overhaul their estate plan.  DeAngelis Legal worked with the clients and their investment advisor to rework goals and objectives, including restructuring the terms of the gifts to their children, evaluating insurance needs and incorporating large gifts to charitable organizations.  DeAngelis Legal prepared the documents updating their [...]

By |2024-01-18T19:54:58-07:00August 15th, 2023|Federal Estate Tax, Recent Projects, Estate Planning, Protecting Family Wealth, Homepage|Comments Off on July 2023 Sophisticated Estate Planning

July 2023 Estate Plan and Marital Agreement

Gilbert estate planning and business client got married and required an update to her estate plan to include her new spouse.  DeAngelis Legal worked with the client on an appropriate division of her assets between her new spouse and her children from a previous marriage at death in accordance with her desires.  DeAngelis Legal prepared [...]

By |2024-01-18T19:51:54-07:00August 15th, 2023|Recent Projects, Estate Planning, Protecting Family Wealth|Comments Off on July 2023 Estate Plan and Marital Agreement

July 2023 Estate Planning Update

Estate Planning Update July 2023 2023 Annual Gift Tax Exclusion: increased to $17,000 per donor, per donee. 2023 Gift and Estate Tax Exemption: increased to $12,920,000 per donor through 2025, see #6, an increase of $860,000. Marital Deduction for Transfers to U.S. Spouse: remains unlimited. 2023 Generation Skipping Tax Exclusion: increased to $12,920,000 per donor [...]

By |2023-07-25T10:27:39-07:00July 22nd, 2023|Annual Estate Plan Updates, Past Newsletters, Federal Estate Tax, Recent Projects, Probate and Trust Administration, Estate Planning|Comments Off on July 2023 Estate Planning Update

June 2023 Entity Formation

Long time physician client decided to pursue temporary short term “locum tenens” work in lieu of W-2 employment at a hospital. DeAngelis Legal reviewed the client’s objectives, evaluated alternative forms of entity (corporation, llc, or llp) and prepared and filed the documentation necessary to form an Arizona corporation with a Subchapter “S” election. The client’s [...]

By |2023-07-09T12:15:05-07:00July 15th, 2023|Entity Formation, Recent Projects, Business Services, Protecting Family Wealth|Comments Off on June 2023 Entity Formation

June 2023 Corporate Entity Review and Update

Young Scottsdale couple accumulated several businesses and real estate properties owned by four different entities formed in three different states. DeAngelis Legal reviewed each entity’s purpose, tax records, formation documents and contact information and prepared the documents necessary to conform with how the entities were treated for income tax purposes, update each entity’s contact information [...]

By |2023-07-09T12:17:27-07:00July 15th, 2023|Past Newsletters, Recent Projects, Succession Planning, Protecting Family Wealth, Homepage|Comments Off on June 2023 Corporate Entity Review and Update

June 2023 Informal Probate

At the end of the administration of a trust, the title company required the trustee to open a probate and obtain letters of personal representative before closing. This is the second matter in as many months where DeAngelis Legal has had to deal with simple mistakes that caused significant delays and additional expenses in trust [...]

By |2023-07-27T14:37:07-07:00July 15th, 2023|Past Newsletters, Recent Projects, Probate and Trust Administration, Homepage|Comments Off on June 2023 Informal Probate

May 2023 Formal Probate

Trustee of a large estate identified a small investment account that was not transferred to the decedent’s revocable trust during his lifetime (mistake #1).  Unfortunately, while making a copy of his will prior to his death the decedent had mixed the pages of the original and the copy (mistake 2), so while we had the [...]

By |2023-07-09T12:16:42-07:00June 15th, 2023|Past Newsletters, Recent Projects, Probate and Trust Administration, Homepage|Comments Off on May 2023 Formal Probate

May 2023 Independent Contractor Agreement Form

Telecommunication client reviewed and updated its form agreement with vendors. DeAngelis Legal reviewed and revised the agreement. As part of its review, DeAngelis Legal reviewed the client’s master agreement with significant customers, interviewed operations personnel to identify issues and reviewed feedback from vendors and modified the agreement. The result being an agreement that more accurately [...]

By |2023-07-09T12:16:14-07:00June 15th, 2023|Recent Projects, Business Services|Comments Off on May 2023 Independent Contractor Agreement Form
Go to Top