Our specialties here at Russell & Miller, LLP
Estate planning is the process, undertaken during your life and while you have capacity, of arranging for the disposition of your estate in the event of your incapacity or death. Estate planning typically attempts to avoid unnecessary post-death court processes (called "probate") and to simplify and maximize the value of the estate by reducing taxes and other expenses. In an estate plan, Guardians are often nominated for minor children and Conservators are often nominated to serve in the event of the planning principal's incapacity and need for such a protector.
A Limited Liability Company is a flexible form of business enterprise that blends elements of partnership and corporate structures. An LLC is not a corporation; it is a legal form of company that provides limited liability to its owners in the vast majority of US jurisdictions. LLCs do not need to be organized for profit. Certain types of businesses that provide professional services requiring a state professional license, such as legal or medical services, may not form an LLC but use a very similar form called a Limited Liability Partnership (LLP).
Business law is the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.
We specialize in limiting the disputes that surround certain transactions and strive to create a fluid and dynamic process that maximizes the potential for your business affairs.
A corporation is a separate legal entity that has been incorporated through a legislative or registration process established through legislation. Incorporated entities have legal rights and liabilities that are distinct from their employees and shareholders, and may conduct business as either a profit-seeking business or non-profit business
Incorporation is the forming of a new corporation. The corporation may be a business, a non-profit organization, sports club or a government of a new city or town.
Primary benefits of incorporation include: protection of personal assets (through the veil of "limited liability" a properly formed and run corporation provides), transferrable ownership, and, in the case of an "S" corporation, avoidance of double taxation.
A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. It therefore exhibits elements of partnerships and corporations. In an LLP, one partner is not responsible or liable for another partner's misconduct or negligence.