Corporate and Estate Litigation
Recently, we have represented plaintiffs and defendants in the Delaware Court of Chancery. We have brought derivative stockholder lawsuits for breaches of fiduciary duty. We have represented limited liability companies and their members in defending actions to dissolve their companies.
We have also represented estate beneficiaries who were denied their rightful share of an estate involving previously untested areas of Delaware and Florida law.
Wills, Trusts and Estate Planning
Our approach toward estate planning is to review the assets of our clients. We then advise on the type of Wills and/or Trusts they should have for tax purposes. We advise on:
- Revocable (Living) Trusts,
- Irrevocable Life Insurance Trusts,
We explain the use of and prepare Durable Powers of Attorney and Living Wills. We also help clients decide on the distribution of their assets and choice of Guardians, Trustees and Executors. We then suggest the way assets should be coordinated with the estate planning to minimize taxes and to avoid or reduce probate and estate administration expenses. We also prepare any changes in beneficiary designations and ownership of assets to be consistent with tax and estate planning. Due to changes in the law and the circumstances of clients we recommend that our client’s estate planning be reviewed every five years.
Asset Protection
- Delaware Dynasty Trusts, and/or
- Delaware Asset Protection Trusts
- We serve as qualified trustee in limited circumstances.
We form Delaware entities to wrap your business or assets.
Probate, Estate Settlement and Trust Administration
We advise and represent Executors and Administrators in the probate and settlement of estates in Delaware, Pennsylvania and New Jersey. We enjoy helping personal representative complete the estate and trust administration process for loved ones
Individual Tax and Financial Planning
In addition to estate planning, we advise and represent clients and review or prepare documentation for clients on their individual tax and financial planning. For instance, through Gifts, Trusts, Limited Liability Companies (LLCs) and S Corporations, we suggest ways to minimize death taxes or to divert income to children for their education or to older relatives for their care which will be taxed at lower rates before it is used for those purposes.
Real Estate and Commercial
We review, negotiate and prepare contracts for the sale, purchase, refinancing or lease of real estate. We also do title searches, issue title insurance and hold settlements on the purchase and financing of real estate. We also go to court to represent landlords in commercial and residential leases.
We give individual owners, investors and developers tax advice on the best way to purchase, own and sell their real estate, including 1031 tax-free exchanges.
Opinion Letters
We serve as local counsel in Real Estate transactions involving Delaware LLCs and prepare opinion letters, typically, regarding authority to enter transactions. We can also draft and modify special purpose LLC agreements.
Business Transactions, Formation, Purchase and Sale of Businesses
We advise and represent clients in the negotiation and documentation of the purchase and sale of businesses. We advise clients on the alternatives for the ownership and operation of their business. We help clients form corporations, limited liability companies and partnerships. We also prepare stock purchase agreements, employment agreements and other documents used in these entities. We emphasize and provide for the tax considerations in these transactions.
Corporate Bankruptcy
We assist creditors who have been sued in the Federal Bankruptcy Court for the District of Delaware. We also assist creditors in filing proofs of claim.
Admission of Out of State Counsel: Pro Hac Vice
We have also moved for the admission of out-of-state counsel Pro Hac Vice permitting them to represent clients before Delaware courts.
Trademark
We advise on Trademark registrations with the United States Patent and Trademark Office and Delaware Secretary of State
Incorporation, LLC, and Registered Agent Services (DE, FL, and NV)
We also operate Agents and Corporations, Inc. which provides incorporation and registered agent services in Delaware, Florida, and Nevada for customers throughout the United States and around the world. Agents and Corporations, Inc. can check name availability and form a corporation or limited liability company in one day because we are online with the computer in the Delaware, Florida and Nevada Corporation Departments. We include a Legal and Tax Strategies Explanation on the choice of entity, tax elections with the IRS, and tax deductions with IRS Forms, Minutes, Promissory Notes, and Medical Expense Reimbursement Plan. We also advise on the formation and operation of Delaware holding companies. For more information check our website at www.INCNOW.com Orders can be given by phone, E-Mail or Fax. We accept all credit cards.