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Reach out to Askander Law Firm, P.C. today and schedule a complimentary consultation to explore how we can address your legal needs. Let us be your trusted partner in securing a protected future for you and your loved ones.

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Frequently asked questions

Answers to the burning questions in your mind.

What is the difference between a will and a trust, and which one is right for me?

Will: A legal document that specifies how your assets will be distributed upon your death. It goes into effect only after you pass away and after it passes through probate.

Trust: A legal entity that holds and manages assets for the benefit of specific individuals or entities. It can go into effect during your lifetime and bypasses probate.

Which is right?: The best choice depends on your individual circumstances, assets, and goals. While a will is generally simpler and less expensive to create, a trust offers more control over assets and can provide tax benefits.

How often should I update my estate plan?

It's recommended to review your estate plan every 3-5 years. However, significant life events such as marriage, divorce, birth of a child, death of a beneficiary, or substantial changes in assets should prompt an immediate review.

What are the key legal considerations when starting a new business or partnership?

Business Structure: Decide on the best legal structure (e.g., sole proprietorship, partnership, LLC, corporation) based on your business goals and the level of liability protection you need.

Agreements: Draft clear partnership or shareholder agreements to outline roles, responsibilities, and procedures for resolving disputes.

Licenses and Permits: Ensure you have all necessary licenses and permits to operate legally.

Intellectual Property: Protect your business name, logo, and other intellectual property through trademarks, copyrights, or patents.

Can I reach out with questions or concerns after our consultation or after the services are completed?

Yes, please do! We value our clients and are committed to providing ongoing support. If you have any further questions or concerns, don't hesitate to reach out to us. We're here to assist you every step of the way.

Do I need to bring any documents with me for the first meeting?

It's helpful to bring any existing estate planning documents, business agreements, or other relevant legal documents. Having these on hand will allow us to better understand your situation and provide more accurate advice.