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Austin & Pethick Law Firm

ESTATE PLANNING

REAL ESTATE LAW

BUSINESS LAW

GOVERNMENT CONTRACTS

Austin & Pethick Law Firm is here to help you achieve peace of mind by advising you of the options that fit your specific needs and circumstances.

Austin & Pethick Law Firm is a law firm of attorneys that believe that working in-house, as opposed to a large law firm, really helps us understand our clients and all of their needs. We believe that lawyers need to be able to relate to their clients in their time of need.

Austin & Pethick’s areas of practice include trusts and estate law & will planning, real estate law, business law, and government contracts.

What is the difference between a living trust and a will?

Video Transcription

A will is going to be a public document that is going to be filed with probate upon your death. A will is going to require going through probate to administer the will and disperse the assets to your heirs. There are various cumbersome tasks they have to go with such as inventory and accountings that have to be done. A living trust, on the other hand, is a private document. The trustee has more ease of administration because there’s less oversight and so the assets that stand intrust can be protected from creditors for the beneficiaries. The Grand Tour, which is the creator of the trust, can also maintain a lot of control even after death over those assets.

What is the difference between a living trust and a will?

Video Transcription

A will is going to be a public document that is going to be filed with probate upon your death. A will is going to require going through probate to administer the will and disperse the assets to your heirs. There are various cumbersome tasks they have to go with such as inventory and accountings that have to be done. A living trust, on the other hand, is a private document. The trustee has more ease of administration because there’s less oversight and so the assets that stand intrust can be protected from creditors for the beneficiaries. The Grand Tour, which is the creator of the trust, can also maintain a lot of control even after death over those assets.

What Makes Our Law Firm Different?

Video Transcription

So one of the greatest advantages I think that this law firm has over many of the other law firms in the area is the areas that we practice in and how they work together. Particularly, whether you operate a business or you own real estate, in many situations real estate and business is going to be your most valuable assets within a person’s estate and ownership. The key feature about this law firm is that our estate planning team is able to help preserve that in the most efficient manner possible so that real estate and business can be passed to your heirs or whoever you desire down the road and then that process can be seamless .

What should I do immediately following the loss of a loved one?

First, you should probably get with the funeral director and determine what the instructions are and go about setting the obituary and visitation time or whatever instructions the descendant left. You should determine whether there’s a will or a trust and if you’re going to have to file with probate and you’re going to have to contact the heirs. These processes can be complicated so it’s going to be important that you have guidance along the way. We at Austin & Pethick Law Firm, we’re here to help, and we’re right there with you.

Why Does it matter which Real-estate attorney handles my closing

Whether you’re a first-time homebuyer or you’re buying a new home, it’s a big deal, it’s a significant investment. Buying a house is probably one of the largest investments you will ever make. It’s going to be important to pick a competent real estate attorney that is going to walk you through the entire process and make it seamless. Here at Austin & Pethick Law Firm that’s what we do! We work with your lenders, we work with your Realtors, and we’re going to make sure that you’re scheduled on time and do everything in our power to make sure you’re happy.

What business structure should I choose?

So you’re starting a new business. First, you’re going to need to choose what type of business structure to go with. The considerations are going to be taxation, how many investors are there or owners in the business, and whether you’re looking for a rigid set of hardline rules or more flexibility. It’s going to be important to get an experienced business attorney to help you determine the considerations that you need to focus on.

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We will be posting weekly videos to answer your questions

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We will be posting weekly videos to answer your questions

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