6 Steps to Help Your Client Form an LLC

By WealthCounsel Staff on Oct 28, 2022 10:00:00 AM

Starting LLC-Blog

Estate planning and business law attorneys often advise their clients to form a limited liability company (LLC). An LLC provides flexibility and protection from lawsuits for the LLC’s members. You can add value by helping your business-owner clients through this process. Your expertise will make a difference to the success of your clients’ businesses, especially when it comes to drafting their operating agreements. 

Continue Reading

Essentials for Funding a Revocable Living Trust

By WealthCounsel Staff on Oct 21, 2022 10:00:00 AM

Essentials For Funding - Blog

A revocable living trust (RLT) is often the best vehicle to preserve an estate planning client’s assets and avoid probate court. However, the process of getting all of the client’s assets safely into the trust (a process called funding) can be laborious. Leaving the process to the client or doing it yourself both have their pros and cons. Keep reading to find out whether you should handle the funding process and learn the best ways to fund your client’s RLT.  

Continue Reading

Current Developments in Estate Planning and Business Law: October 2022

By WealthCounsel Staff on Oct 14, 2022 10:00:00 AM

monthly-recap (1)

From the announcement of the projected 2023 estate and gift tax exclusion amounts to newly issued final regulations implementing the Corporate Transparency Act, we have recently seen significant developments in estate planning and business law. To ensure that you stay abreast of these legal changes, we have highlighted some noteworthy developments and analyzed how they may impact your estate planning and business law practices.

Continue Reading