Business Concerns & Estate Planning
When you’re juggling high-level business, financial, and legal needs, a one-on-one approach can be a huge asset.
From insightful general counsel to crafting airtight estate plans and trusts, we provide customizable service to meet your specific needs when your average law firm won’t measure up.
When we represent you, you can rely on:
- Keen insight — We leverage our hands-on knowledge of different industries and tactics to provide insight that is actionable
- Creative problem solving — Our team knows that finding the right solution relies on collaboration, strategy, and creativity, not a formula
- Extensive resources — Covering three major practice areas for three states, Eyet Law provides the services and counsel small businesses and startups need to solve their problems and get back to business
If the challenge exists, so must the solution.
– Rona Minarik
Business formation
- Business entity selection
- Compliance issues
- Subsidiary formation
- Business reorganization
- Drafting by-laws, operating agreements and other organizational documents
- Drafting annual reports, including minutes and informal actions
- Business succession and dissolution
- Estate tax and other taxation issues
- Business litigation
Estate planning
- Wills and estate plans
- Power of attorney
- Medical directives
- Selecting and establish guardianship
- Trust formation, including revocable living trusts, domestic asset protection trusts, irrevocable life insurance trusts, premium finance life insurance trusts, and more
The attorneys at Eyet Law are focused on delivering consistent service and exceptional solutions every single time. We believe our clients deserve no less. Contact us for a free consultation to learn more about how we can serve your business.
FAQs for business formation and estate planning
What is estate planning and how do I start?
When an individual passes away, they usually leave behind two things: their estate and loved ones (friends or family). Estate planning determines the manner in which an individual wants to leave their estate to their loved ones.
Estate plans do more than decide who gets what, though. A well-crafted estate plan minimizes taxes and settlement costs, and provides guidance on how you would like end-of-life issues to be resolved in case of medical emergencies.
There are many online resources for estate planning, but it is critical to work closely with an attorney who specializes in these matters to ensure your plans are legally sound and are carried out according to your wishes.
What do I need as part of my estate plan?
Everyone has different needs within their estate plan – this is why guidance from an experienced estate planning attorney is important. However, there are general pieces of an estate plan that you’ll likely include:
- Will and/or trust: A will or trust is one of the main parts of any estate plan. A will is designed to ensure assets are distributed as per your wishes, while an estate can help limit taxes and legal challenges.
- Beneficiary designations: Do you have a 401(k)? Life insurance policy? If so, you will have named beneficiaries on these documents. These are the people to whom these assets will pass upon your death. If you didn’t – or don’t – name a beneficiary, these assets will pass to the courts, who will in turn decide what happens to these assets.
- Durable power of attorney: A durable power of attorney assigns a trusted individual to act on your behalf if or when you are unable to do so. This individual can make financial, real estate, and other legal decisions in your place. However, this type of power of attorney can be revoked at any time as long as you are physically or mentally competent to make that decision.
Guardianship designations: Do you have children under the age of 18? Or are you a guardian to an individual with special needs? If so, you’ll want to establish a plan for guardianship for them in the event of your passing.
Should I have a business attorney review my contracts?
Contracts are a staple of business life. On any given day, you might receive or deliver multiple agreements. However, each contract poses a risk, even when it’s between well-meaning parties.
It’s important to note that a contract is considered a legally binding document only if it has the following four elements: an offer, acceptance, intention of legal consequences, and consideration. We help make sure your contracts are actually contracts!
Business attorneys can also mitigate contract risks by reviewing documents for unfavorable provisions, negotiation concerns, and drafting errors.
What kind of contracts do you review?
At Eyet Law, we are experienced with the spectrum of contracts and agreements such as:
- Partnership and ownership agreements
- Buy/sell agreements
- Non-compete and non-disclosure agreements
- Vendor agreements
- Licensing agreements
- Employment agreements
- Property and equipment leasing agreements