Trusts & Estates
Many of our business clients also seek our advice for personal legal matters such as wills, trusts, estates and probate.
Whether you are seeking to provide for your children, protect your assets, mitigate taxes or plan for the future of your business, Meyer Njus Tanick can help with all of your estate planning and business-succession planning needs.
How we can help
Most business owners eventually face the decision of either selling their business or transferring ownership to a family member. Meyer Njus Tanick attorneys can help you develop and execute a succession strategy that maximizes tax advantages and achieve financial and personal objectives.
We also advise and counsel our clients on a variety of personal estate planning matters, including:
- Living wills
- Powers of attorney and agency issues
Whether your estate plan is simple or complex, we are adept at planning for issues related to taxes, life insurance and property transfer matters.
When a loved one dies, we can also assist with administration of the estate, including probate and non-probate transfers. Probate is the legal process by which a person’s debts are paid and assets are distributed upon her or his death. Estate Administration includes the probate process as well as non-probate transfers of the deceased’s assets. Individual state laws direct the probate court how to distribute the deceased’s estate, and because state laws and procedures vary greatly, it is important to consult a firm like ours with expertise in this area of the law to ensure that your loved one’s assets are distributed correctly.