Estate Planning The inevitable will happen one day, and you probably don't want the government or court systems deciding where your assets will go. Don't leave your loved ones behind to face the complicated probate system. With the help of Mombrun Law, PLLC, you can create an estate plan that will outline where your assets and property will go after you are gone. Together we can protect your loved one's financial future, minimize taxes on your estate, and create a strategy to meet your goals.
Wills and Trusts A last will and testament is a document that outlines what should happen after your death. A last will and testament determines where your property will go, who will have custody of your children or pets, and who will be in charge of distributing your finances or paying off any debts you leave behind. A trust is an entity that is created to hold property which is then provided to a designated beneficiary. Most trusts are created within a will. Trusts are a great way to manage and protect assets, postpone delivering the assets until certain requirements are met, and avoid putting your loved ones through the probate system. At Mombrun Law, PLLC, we can discuss your goals and expectations and help you decide if a will that includes a trust is right for you.
Advanced Directives We would all like to think that we will be in charge of making decisions about our health care, but a sudden or catastrophic illness or injury might leave you incapable of communicating your wishes to your health care providers. Advanced directives can include a living will, name a health care power of attorney, or provide instructions on how you wish to be treated in case you are unable to do so. Mombrun Law, PLLC understands all the intricacies involved in advanced directives and can help you outline your wishes to your family and medical professionals so there is no doubt.
Powers of Attorney A power of attorney (POA) is a document that appoints someone to manage your affairs in case you are unable to do so yourself. Different types of POAs give the appointee different levels of control. You might want a POA if you are planning to be out of the country for an extended period of time and need someone to pay your monthly bills and manage your finances while you are gone. A health care POA is useful if you are anticipating major surgery and may not be able to make decisions for yourself during and after the surgery. If you think you might need a power of attorney, talk to Mombrun Law, PLLC to determine which POA is best for you.
Prenuptial and Postnuptial Agreements Recent studies have shown that people are waiting longer to get married these days. By the time you do get married, you and/or your significant other may have significant portfolios or even own your own business. To protect the assets you are bringing to the marriage, you should consider a pre-nuptial agreement. A pre-nuptial agreement does not mean you don't believe in "until death do we part," it just means you are taking a practical approach to protecting your finances in case someday the marriage dissolves. Likewise, a postnuptial agreement can be signed after you have already married. Consult with Mombrun Law, PLLC to explore if a pre- or postnuptial agreement is a good idea in your situation.
Real Estate and Contract Review Buying or selling commercial and residential real estate can be complicated. To ensure that your transaction goes smoothly from start to finish, enlist the experience of Mombrun Law, PLLC. We can review all the contract paperwork, investigate the title, and make sure you avoid any legal loopholes that could prevent your transaction from succeeding. Mombrun Law, PLLC also can review any business contracts you are involved with,
IRS Tax Debt Relief Despite your best intentions, perhaps you have managed to acquire a large amount of money that is owed to the IRS. This happens more often than you would think due to complicated tax regulations and laws. Or maybe you thought you could get away with not paying your taxes, but now the IRS has threatened to put a lien on you or your business. You don't have to deal with the IRS on your own; Mombrun Law, PLLC can help. We know how to work with the IRS so that you can repay your debts without becoming bankrupt in the process.
Debt Settlement Credit card debt and student loan debt, not to mention mortgages and car payments—it's no wonder many Americans find themselves in debt distress. There are options to help you get control of your finances and pay back what you owe, and Mombrun Law, PLLC is familiar with these options. We can examine what you owe and to whom and make a recommendation of what would be the best path forward for your situation.
Business Formation If you have decided to start a new business, you may be so focused on getting it launched that you overlook getting the proper licenses, permits, or grants necessary. Mombrun Law, PLLC has experience with forming a new business and will guide you through all the necessary steps to get going and will help ensure that your business is a success from the start.