Clients should consider making some basic estate planning arrangements to avail themselves of tax benefits, name guardians for minors, identify beneficiaries and numerous other important goals.
Among the various legal instruments available, our firm can assist clients with Last Will And Testaments, Durable Powers Of Attorney, and Designations Of Healthcare Surrogates. All these documents can provide detailed instructions for identifying assets and beneficiaries, providing a trusted individual with the authority for collecting rents, selling property, paying bills, and making critical healthcare decisions while a person is incapacitated.
Corporate clients should always maintain careful records regarding their business decisions. The primary purpose of working with a corporate entity is precisely to achieve personal inmunity for those acts made within a business context. The law however imposes a strict requirement that all corporate formalities be observed such as, separate bank accounts, minutes of board of director meetings, written corporate resolutions among others.