Comprehensive estate and business planning covers nearly every aspect of life. It
begins with protecting yourself and your personal dignity, and extends
to protecting your loved ones and your hard-earned assets.
the links below to learn more about our Estate Planning Fundamentals, Probate &
Estate and Trust Administration, Guardianship, Wills, Trusts, Estate and Gift Tax Planning, Business Succession, Business &
Corporate Law, and Real Estate Transaction services
provided at the Law Office of Vincent J. Profaci, P.A.:
Business Purchase and Sale and Succession
businesses are the backbone of the American economy. From agriculture
to services, technology and manufacturing, family businesses generate
an estimated one-half of the U.S. Gross National Product and pay half
of all wages earned in this country.
Find out how we can help you preserve your family business, or assist you with the sale of your business or the purchase of a new business.
Business Formation, Operation, and Management Law
you are planning to start new business, or need assitance with any of the numerous legal issues that arise in the operation and management of your business, it is important to operate it
under the right type of legal entity and ensure that all legal issues are properly handled. If you are interested in disucssing your business needs with us, please contact us to discuss the proper type of
business entity you should use.
Learn more about Business and Corporate Law.
Fundamental Estate Planning
are many legal strategies involved in estate planning, including wills,
revocable living trusts, irrevocable trusts, durable powers of
attorney, and health care documents.
Learn more about the Estate Planning process.
Probate & Estate Administration
and estate administration are the processes through which estate assets
are transferred after death. Assets to be transferred under terms of a
will go through probate. Assets transferred outside of a will, such as
by operation of law, or those planned for in a trust are handled
through an Administration process. Administration also refers to the
process whereby assets are transferred by rules of the state when there
is no will. We can help make the process easier, more efficient, and
provide peace of mind during a difficult time.
Learn more about Probate & Estate Administration.
is a court process designed to protect an individual who can no longer
protect himself or herself, and it seeks to identify the person or
persons best suited to take over the individual’s financial affairs and
Learn more about Guardianship .
Estate and Gift Tax Planning
speaking, the federal estate tax is an excise tax levied on the
transfer of a person's assets after death. In actuality, it is neither
a death tax nor an inheritance tax, but more accurately a transfer tax.
There are three distinct aspects to federal estate taxes that comprise
what is called the Unified Transfer Tax: Estate Taxes, Gift Taxes, and
Generation- Skipping Transfer Taxes. Legal planning to avoid or
minimize federal estate taxes is both a prudent and an important aspect
of comprehensive estate planning.
Learn more about Estate Tax Planning.
protection planning involves making prudent decisions today to protect
yourself, your business, and your hard-earned assets from loss due to
lawsuits, creditors or bankruptcies.
Find out how we can help you protect your assets today.
Real Estate Law
most important part of buying or selling real estate, whether
residential or commercial, is the contract. The contract is the “bible”
that governs the entire transaction and establishes each party‘s rights
Learn more about Real Estate Transactions.