Description of services we provide:
Businesses and individuals need to protect their assets. Mitchell-Phillips Law, P.C. assists clients in the management of their personal affairs and the disposal of their property in the event of incapacity or death by providing hands-on, accessible, and personalized attention. Legal services include:
Estate Planning: We prepare wills and trust agreements for a wide variety of clients, from those of modest wealth needing relatively simple wills or trusts, to those of more substantial means whose assets and goals require more complex estate plans.
Trust and Estate Administration: In the event of death, we advise and assist personal representatives and trustees in the administration and distribution of decedents' estates and trusts. In the event of disputes among heirs and beneficiaries, we have the capacity to handle will contests or litigation involving trusts and estates.
Charitable Planning and Organizations: We frequently advise clients on charitable organizations regarding steps necessary to establish and maintain their tax-exempt status with the Internal Revenue Service.
Succession Planning for Family Businesses: Business succession planning involves the orderly transition of ownership and control of a business from the older generation to the younger generation. This can often be a difficult and complex task requiring transfer techniques which are uniquely suited to the business context. We apply various planning tools such as sales, gifts and contractual agreements to promote a smooth transition of business entities between the generations.
Reasons to Create an Estate PlanAn estate plan is a formal plan to handle both the distribution of your assets after your death and advance health care decisions for the possibility of you being unable to communicate your decisions. Learn more...
