Practice Areas

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Estate Planning
It is not merely for the wealthy. It encompasses financial, retirement, business succession, charitable, medical, disability, legacy, and gift planning. Unfortunately, many people fail to perform estate planning, with the result that their loved ones suffer emotional and financial hardship that could have been avoided. Others perform estate planning, but fail to recognize that without proper care and maintenance, their plan will not accomplish the objectives they desire. At Morgan Law Center, we are committed to helping our clients create estate plans that work.

Our definition of an estate plan that “works” is one in which the client maintains control of his assets during his lifetime, provides for himself and his loved ones during any period of mental incapacity, passes his wealth in a loving and purposeful manner to whom he wants, when he wants, and the way that he wants, all while reducing the overall cost of professional fees and taxes. We are able to help our clients accomplish these objectives through a comprehensive process that results in an organized, up-to-date, effective estate plan.

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Probate Administration
Probate administration of a deceased person’s estate is typically required when the person dies with a will-based estate plan, or dies without a plan at all. It is a court-supervised process, the goal of which is to ensure that the deceased person’s creditors are protected and the remaining assets are distributed to beneficiaries or heirs in the manner required by law.

Our firm has extensive experience handling both “simple” and “complex” probate administrations. We work closely with the Personal Representative (Executor) of the deceased person’s estate to ensure that the administration is handled as efficiently as possible. In addition, we are trained and experienced in facilitating the resolution of family conflicts that sometimes arise during probate administration. We do our best to ensure that the deceased person’s wishes are followed, and that the family and/or beneficiaries are relieved of the burden of worrying about administrative issues.

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Trust Administration
One of our goals is to assist our clients in the creation and maintenance of an estate plan that will avoid the need for probate. A living trust based estate plan, if properly established, maintained, and “funded,” avoids probate because assets are held in the trust, not in the deceased person’s name. The trust provides for administration of the estate privately, without the need for probate.

Trusts are not, however, self-administering documents. Work must be performed to ensure that the trust assets are properly managed and transferred. Trust administration involves identifying and managing the assets, paying the bills, taxes, if any, and administrative expenses, and distributing or maintaining and managing the assets as instructed in the trust

We believe that trustees should be educated as to their duties prior to their service. For that reason, we offer training workshops to our clients and the trustees that they name to administer their trusts after their disability or death. Upon disability or death, we assist the trustee in administering the estate and ensuring that all of their duties are properly performed.

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Business Planning
The selection of the most appropriate entity for a business can make a big difference in successfully planning for tax avoidance and deferral, creditor protection, retirement, and wealth accumulation. Furthermore, a solid business succession plan will help the owner exit the business in a way that maximizes the value received while at the same time minimizing the effects of taxation.

Whether our clients are opening their first business, restructuring an existing business, managing the day-to-day concerns of an established business, or buying or selling a business, Morgan Law Center provides comprehensive resources and solutions for our clients’ business needs.

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Asset Protection
Business owners and individuals face an increasing risk from creditor liability and lawsuits.  Each year, theories of liability expand.  No one can be quite sure from what source a potential liability may spring.  A downturn in the economy, such as the one in which we now find ourselves, can exacerbate the potential for creditor threats.

Asset protection may help minimize the risk of exposure to potential creditors while preserving your estate for your loved ones.  However, the transfer of assets in certain circumstances can be considered fraudulent.  For that reason, it is essential to have an experienced attorney guide you through the process.

At Morgan Law Center, we can help our clients create asset protection plans that protect the assets they have spent so many years and so much effort creating.

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