Skillful Advice for Family Wealth Transfers
Protecting your property and passing it on to your loved ones requires careful planning. At Khatib Law, LLC, we provide comprehensive estate planning, probate advice and counsel as well as tax planning.
Hani Khatib, Attorney at Law and Certified Public Accountant, with over 25 years of experience in tax related issues will assist you to identify the most effective way to protect your personal wealth and share it efficiently with the ones you choose.
By combining tax law with estate planning and administration, we provide comprehensive advice and counsel to individuals wishing to preserve their assets while lowering their current and future tax liabilities.
A will is a document by which a person directs his or her estate to be distributed upon death. Wills range in complexity from simple to very detailed. At its core, a will is a device that sets forth the testator's intentions as to how his or her property should be distributed at death.
A trust is a legal arrangement pursuant to which a settlor (also known as a grantor, donor, trustor, or trustmaker) transfers property to a trustee who will administer that property for one or more beneficiaries according to the terms of the governing instrument. In the trust context, the trustee is the legal owner of the trust assets.
A prenuptial agreement is a contract between two people about to wed that spells out how assets will be distributed in the event of divorce or death. A postnuptial agreement is much like a prenuptial agreement, however it is a contract that is written after a couple gets married, or have a civil union.
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