A Probate Attorney near Me 11518 Looks At Business Joint Ownership as a Way of Avoiding Probate

A Probate Attorney near Me 11518 Looks At Business Joint Ownership as a Way of Avoiding Probate

People who own business assets with others can easily facilitate inheritance of their shares outside probate after death. As a business owner, you may consider titling your assets jointly depending on your state’s laws. By definition, joint ownership refers to the possession of the same asset by more than one person. These assets not only…

Details
Probate Attorney Near Me 11516 Talks About Using an Irrevocable Trust to Avoid Probate in Business

Probate Attorney Near Me 11516 Talks About Using an Irrevocable Trust to Avoid Probate in Business

Apart from writing a will, you may also decide to put your business assets into a trust. This is a legal platform that facilitates the distribution of any assets you possess to your beneficiaries without probate. The business owner or grantor dictates the conditions of the trust. Such terms include naming the beneficiaries, and listing…

Details
Probate attorney Near Me 11514 Tips: How to Set up a Living Trust for Your Business

Probate attorney Near Me 11514 Tips: How to Set up a Living Trust for Your Business

A living trust is a lawful element that empowers entrepreneurs to decide and appropriate how their investments will be appropriated upon their passing. Among other benefits, a living trust protects the family of the business owner from being troubled with business obligations including debts after they are gone. Placing your business into a trust means…

Details