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Corporations vs. LLCs - Risks and Benefits

At the Benoff Law Firm, we work with local businesses in Trevose, Pennsylvania, and Northeast Philadelphia to help them understand their options when structuring their companies.

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Understanding Buy-Sell Agreements

When business owners plan for the future, they often think about growth strategies, financial stability, and estate planning.

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The Importance of Indemnity Clauses

Entering into contracts with other entities or individuals exposes your business to some known and unknown risks and liabilities, especially if the contract involves one party selling goods or providing services to another party.

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What Are the Benefits of a Family Limited Partnership?

A Family Limited Partnership (FLP) can be an invaluable tool for managing family assets, protecting wealth, and optimizing tax benefits. For families looking to preserve and grow their wealth across generations, an FLP offers unique advantages that can align with both financial and personal goals.

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How Do I Find Out if My Parent Had a Will?

The passing of a parent is a profound and often overwhelming experience. Amidst the emotional turmoil, the practicalities of handling an estate require proper planning and understanding. The presence or absence of a will can significantly impact this process.

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How Long Do You Have to File Probate After Death?

Probate encompasses various steps such as validating the deceased person's will, identifying assets, settling debts, and distributing the remaining assets to the beneficiaries. It's a process that requires attention to detail and thoroughness, and starting early can help ensure a smooth execution.

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Reviewing and Updating Your Will

A will is not a static document but a dynamic one that should evolve with your life's twists and turns, such as a marriage, a birth of a child, or a significant financial windfall. It may seem daunting, but the process of reviewing and updating your will is simpler than you might think.

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What Happens if You Die Without a Will?

We're the Benoff Law Firm, and we're here to guide you through some of the complexities of probate law. In particular, today we're going to discuss what happens when someone dies without a will, also known as dying intestate.

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What Is Estate Planning?

Estate Planning is the area of practice dealing with the distribution of an individual’s property at his or her death, taking into account wills, taxes, insurance, property, and trusts so as to gain maximum benefit of all laws and, at the same time, carrying out the person’s wishes.

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