Dedicated To Tax Efficient Solutions
Estate Planning is essential for anyone that wants to ensure that their loved ones are adequately taken care of at death. Estate planning is anticipating and arranging for the disposition of your assets in a way that considers your core beliefs and values so that you can leave a lasting legacy for your heirs.
At Pare Law , our attorneys believe that tax planning should be considered in every business plan and in every estate plan. Pare Law attorneys look for ways to minimize income taxes, gift taxes, estate taxes and generation skipping taxes in every business plan and estate plan that Pare Law attorneys design.
We counsel our business clients on the selection of a tax efficient business structure, the design and implementation of buy sell agreements, mergers and acquisitions and business exit strategies. We verify that a client’s business goals and objectives work in harmony with their estate plans.
The attorneys at Pare Law help our individual and business clients preserve their wealth and protect their wealth in advance of a claim or a threat of a claim. Asset protection can be achieved through the design and implementation of irrevocable trusts, family limited partnerships and asset re-titling.
Estate Administration and Probate
Probate is a legal process that is required to validate a will or establish the heirs of a person’s estate so that a personal representative can be appointed to dispose of his or her assets upon death. Once appointed, the personal representative is charged with the collection of the decedent’s assets, payment of expenses and debts and distribution to the heirs in accordance with the decedent’s will or the laws of intestacy.
Estate Planning, Business Planning, and Tax Planning Blog Most Recent Updates
What is the difference between a trust and a will?24 August, 2017 Estate PlanningThe main difference between a trust and a will is that a will disposes of your property while a trust manages your property. A will does not take effect until ...Read more
- 25 July, 2017 UncategorizedProbate is a legal process that takes place after a person passes away. Probate involves validating a decedent’s will, or administering a decedent's estate under the laws of intestacy, collecting, ...Read more
- 24 July, 2017 Business Planning TaxationLike a C corporation, an S Corporation, often known as a subchapter S corporation is a separate business entity from the S corporation's owners for both legal and tax purposes. ...Read more
What is a Limited Liability Company?24 July, 2017 Asset Protection Business PlanningA limited liability company, often referred to as just an LLC is a hybrid business entity created by state law which allows the owners of the LLC (who are called ...Read more
How to Prepare for a Meeting with An Estate Planning Attorney19 July, 2017 Estate PlanningThe estate planning process begins before you walk into an attorney’s office. Estate planning begins with a careful analysis and assessment of your estate planning goals and objectives. Estate planning ...Read more
- 06 July, 2017 Business PlanningA Corporation is a legal entity separate and apart from its owners that is created to do business and owned by shareholders. The shareholders of the Corporation elect a ...Read more
- 05 July, 2017 Business PlanningA partnership is a form of business organization where two or more people agree to share in the profits and losses of a single business. The partnership must register with ...Read more
What is a Sole Proprietorship and Should My Business Operate as a Sole Proprietorship?26 June, 2017 Business PlanningThe sole proprietorship is is the most common and simplest form of business organization, and therefore the most popular. A sole proprietorship is a business run by one individual that ...Read more
What Business Entity Should My Company Select?26 June, 2017 Business PlanningYour company's decision as to what type of business entity your company should operate as involves a careful look at the type of business you wish to create as well ...Read more