Law Tips

This information is of a general, educational nature and should not be construed as legal advice pertaining to your specific circumstance, case or situation. Such advice must be sought from your own attorney pursuant to an attorney-client relationship, after consideration of your specific facts or questions.

Revocable vs. Irrevocable Trusts

by The Local Law Group | Sep 20, 2019 | Estate Planning

In general, a trust is a separate legal entity that a person sets up to manage his or her assets. Trusts are set up during a person's lifetime to assure that assets are used in a way in which the person setting up the trust deems appropriate. Once assets are placed...

Forming a Corporation

by The Local Law Group | Sep 17, 2019 | Business Law

The following steps provide a guideline to help you form a corporation properly. Note that, depending on the state in which you live, you may or may not have to take all the steps outlined below to start a corporation. To obtain state-specific information on how to...

What is Probate?

by The Local Law Group | Sep 11, 2019 | Estate Planning

What is Probate? Essentially it is a legal process that takes place after someone dies. It includes several steps: proving in court that a deceased person's will is valid (usually this routine matter) identifying and inventorying the deceased person's property having...

LLC vs. Corporation: Which Works Best for Me?

by The Local Law Group | Jul 31, 2019 | Business Law

Learn how an LLC differs from corporations so you can make the best choice for your business.

Five Critical Steps to Protect Assets with an LLC

by The Local Law Group | Jul 18, 2019 | Business Law

Forming a limited liability company (LLC) is an important first step to protect personal assets. An LLC provides some protection from the liabilities that company’s inevitably come across during the normal, everyday course of business. Liability protection is a...