Estate Planning, Business Law and Probate Attorneys Serving Weston, Miami Lakes, Ft. Lauderdale and Nearby Towns
Our focus - and what drives us - is helping protect your family and small business in a litigious society that too often threatens your nest egg that you are trying to save for your family and loved ones.
For over 25 years, Rarick & Beskin has been the law firm other lawyers have turned to for help resolving their client’s estate planning, probate, and business matters. Since 1993, more than 500 law firms have asked us to help their clients.Good Estate Planning Integrates Asset Protection
Some estate planning lawyers do not integrate asset protection in their plans. We believe this is like planning with blinders on: you see only about 50% of the threats that could attack your family or business. Modern estate planning integrates asset protection with estate planning because now there are simply too many legal threats to your hard earned property and savings. It is important to take advantage of laws designed to help protect your assets and stay out of court.We Live In A High Risk Legal Environment
In our litigation saturated environment, everyone – including the best business person or best physician – is exposed to lawsuits, regardless of how careful you may be. You may have your real estate investments in an LLC with insurance coverage, but if a person slips and falls on the property, an aggressive Florida personal injury attorney may try to go beyond your policy limits and attack every property owned by the LLC. If the LLC is not properly structured and run, an aggressive Florida litigation attorney may try to pierce the corporate veil and target all other properties you own.
“We will help you fight back by taking advantage of laws designed to help protect your exposed properties.”
We pride ourselves in not offering a dogmatic approach or one-size-fits-all solution. We first listen and learn about your family and business. Then we endeavor to tailor a plan designed to meet your core objectives – at a cost you can afford.
As Miami estate planning and asset protection attorneys, we will help you decide your best options. There is a wide array of legal tools available. Examples inside Florida, are a Florida multi-member LLC with a good asset protection operating agreement, a Florida Limited Partnership, tenancy by entirety, or smart use of Florida’s strong homestead laws. Examples outside of Florida are: Delaware LLC, Nevada Domestic Asset Protection Trust; and off-shore options, such as the Nevis LLC, Nevis Trust or Cook Island Trust.We Will Be With Your Family In Good Times – And Bad
Most of our referrals come from past clients, attorneys, and CPA’s. As one of the most established estate planning firms in Southeast Florida, we provide over 60 years of collective experience in business law, Florida probate, tax law, and Florida estate planning for our clients.
“Our relationships with our clients go back many years – in most cases over 10 years – as we are committed to be your family estate planning and business attorney for the long term, in good times and bad.”
After our initial legal work for you is completed, we are available to answer short questions free of charge.
We like to have an understanding with all our clients that if there is a big change in your family you will inform us; if there is a big change in the law we will advise you. We hope to have a long relationship with you as your family attorney.
We endeavor to keep in frequent contact with you through our popular and free Report From Counsel newsletter, which offers practical legal tips and reminds you of corporate filing deadlines and other business deadlines that you need to stay on top of. Every year our clients receive a free Year Beginning Letter with helpful checklists to review priority issues for your family and company.
As a Weston resident for many years, as well as an estate planning and business attorney, Phil Rarick understands the challenges the small business owner or professional faces in a harsh legal environment where a single lawsuit can cause severe damage to your business and reputation. We have been focusing on helping protect the small business owner and your family for over 20 years. Here is how we may be able to help you:
1. Weston Asset Protection: Florida has many strong laws to protect your business and protect your personal savings if you get sued. However, it is important that your corporations are structured properly and are up to date. Here are some common mistakes we see:
As Weston estate and asset protection attorneys, we endeavor to integrate your estate plan with your asset protection plan to provide an exceptionally strong plan that will be difficult to attack by a creditor.
Important Note: One of the most important factors in establishing such an asset protection plan is timing: You do not want to wait until you receive a summons for a lawsuit because then your legal options are likely limited or not viable. Plan now, when the waters are quiet. This is one critical item for which you do not want to procrastinate.
2. Weston Business Law: Many small business owners are too busy focusing on growing their business that they fail to plan ahead to avoid legal problems. For example, if you have a partner, you most likely do not want your partner’s spouse as a partner. Therefore, you need a clear Shareholder’s Agreement that provides a good exit strategy in event of a partner’s divorce, disability, or death.
Some small business owners attempt to limit their liability by hiring “independent contractors” and giving them a 1099 rather than a W-2. This can sometimes backfire. For example, a professional medical care management company in Miami-Dade County was recently hit with a $13 million dollar judgment even though the employee was a 1099. The take-away here: Giving your employee a 1099 and calling him or her an “independent contractor” does not necessarily make that person an independent contractor. Many other fact will be considered by the court. As Weston business attorneys, we will help you avoid such pitfalls.
3. Weston Estate Planning: Since our firm was established in 1993, a major theme of our legal work has been helping your family avoid court intervention in the event of mental incapacity or death. Most families want to keep legal control in the family and avoid having a judge – whom you do not know – appoint a person outside the family to manage your personal or business affairs. There are four critical legal instruments virtually all families should have in order to avoid court intervention: (1) Living Revocable Trust; (2) Durable Power of Attorney dated after September, 2012; (3) Health Care Surrogate; and (4) Simple, Pour-Over Will.
4. Weston Probate: If you have lost a family member, the legal tasks are many and often daunting because Florida probate is a complex and bureaucratic system. We will guide you in these difficult times by first helping you organize the last affairs of the decedent. We will file the Petition in Probate and move the case through the bureaucratic process in an efficient way. Probate cases in Florida require an experienced probate attorney. As Weston probate attorneys, we have over 20 years of experience in Florida probate law.
We are located at 2853 Executive Park Drive, Suite 103, Weston (behind Pollo Tropical). Our staff is multi-lingual in both English and Spanish.
Rarick & Beskin has been serving the citizens of Miami Lakes for over 20 years. As one of the most established estate planning, probate, and business attorneys in Miami Lakes, we work with families and small businesses to protect your company, hard earned property, and investments.
Phil Rarick has been active in Miami Lakes business affairs as past President and director of the Miami Lakes Bar Association for over ten years. Despite our traffic problems, Miami Lakes is a great place to raise a family and grow your business. (And hopefully our town leaders will resolve the traffic congestion in the near future!)
We are located two blocks from the new Miami Lakes Town Hall. Here are our core legal services:
1. Miami Lakes Estate Planning: Most people believe they need to have a will to make sure they give what they have, when they want, and to whom they want. However, many persons fail to understand the need to have a legal plan now to take care of you in event of mental incapacity.
Estate planning is making sure you have a plan in place to first protect you – and of course your spouse if you are married – in event of mental incapacity. As Americans, we are used to having total control over our personal decisions. In the event of mental incapacity one can lose control because without a strong legal plan a court will intervene in your affairs in the legal process known as Guardianship.
“Our goal as Miami Lakes estate planning attorneys is to help you avoid having a court intervene in your personal or business affairs in event of a mental incapacity or upon death.”
We have many legal options available under Florida law to achieve this goal, but the strongest option for most persons is a living revocable trust, which is simply detailed, legally binding instructions to take care of you during your life, and provide for your loved ones upon your death. As Miami Lakes estate planning attorneys, we will work with you to help ensure that you keep control in the hands of trusted loved ones regardless of the ups and downs of life.
2. Miami Lakes Probate: Probate is the legal process of proving up a decedent’s will and making sure the decedent’s wishes as stated in the will are fulfilled. It is basically a lawsuit. In Miami-Dade County – and all Florida counties, probate is a bureaucratic and often complex legal procedure. To navigate this system in a cost effective way you need an experienced Miami Lakes probate attorney. Rarick & Beskin has over 60 years of combined experience in Florida probate law.
Some attorneys offer probate services as a side area of law. At Rarick & Beskin, probate is a primary focus of our work.
If you have been named as a Personal Representative (or Executor) of a will we will guide you through the Florida probate process. We will (a) file a Petition for Administration; (b) secure your Letters of Administration; (c) notify beneficiaries and creditors; (d) file the Florida estate inventory. This is a short list of some of the tasks the Personal Representative must do. As Miami Lakes probate attorneys, we will help you every step of the way to open and close the Florida probate estate in a cost effective and expeditious way.
3. Miami Lakes Business Law: The many small businesses in Miami Lakes give the town its special character. As Miami Lakes business attorneys, we enjoy helping small businesses grow – and stay out of court. This may be obvious but companies that stay out of court grow faster!
Florida law offers many legal tools and entities to help protect your small business – and most likely you want to take full advantage of all of these laws. For example, if you like to invest in real estate, then you likely need to title each property in a Florida LLC (limited liability company) that is multi-member and has a robust operating agreement with anti-Olmstead provisions.
Note: Do not fall for “cheap” do-it-yourself corporate creations for your LLC. If not set up correctly at the beginning, a Florida LLC can be penetrated by creditors.
If you have a Miami Lakes business with another partner, you most certainly should have a Buy-Sell Agreement (or Shareholder Agreement) to make sure you have an exit strategy if your partner does not work out, or your partner gets divorced, becomes incapacitated or dies.
If you have a small business and do not have a Miami Lakes business attorney, give us a call. We will be happy to meet with you, learn about your business, and discuss your best legal options to help you grow.
As experienced Ft. Lauderdale estate attorneys and business law attorneys, we have developed our reputation by helping doctors, professionals, and small business owners fight back in a legal climate where a single lawsuit can severely damage or destroy your business. Florida and other states provide multiple options to protect your savings; often the most cost effective strategy is to take full advantage of these Florida law asset protection legal options. Here are some of our services:
1. Ft. Lauderdale Asset Protection Attorney: There is a wide range of legal options available to protect your investments. As Florida asset protection attorneys, we do not employ a dogmatic approach or a one-size fits all approach in designing an asset protection plan that meets your objectives and budget. Rather, we look at your unique risks and design a plan tailored to those risks.
“Your legal analysis should usually start with making sure that you are taking full advantage of Florida laws designed to help protect your business and investments.”
If you have a Florida Sub-chapter S corporation, is your corporate record up to date? Do you have annual minutes? Do you have stock certificates that clearly show the ownership interests of all shareholders?
If you have a Florida LLC, it is important that your LLC be multi-member – you do not want to be the sole member of a Florida LLC because this can be penetrated by a creditor. It is also critical to have a detailed Operating Agreement with anti-Olmstead provisions.
Other states also offer excellent asset protection legal options. For example, Delaware is a good environment for establishing a LLC or corporation. Nevada is a good state to establish a domestic asset protection trust (DAPT).
Physicians and persons in high risk professions may want to consider off-shore planning and such options as a Nevis LLC or a Cook Island spendthrift trust.
These just a few of the legal options available to help protect your investments. As Ft. Lauderdale asset protection attorneys, we are available to meet with you and design an asset protection plan unique to your risks.
2. Ft. Lauderdale Probate Attorney: In choosing a probate attorney, it is important to find an experienced law firm that focuses on this area of law. Florida probate is essentially a lawsuit – in a complex and bureaucratic court system. Without an experienced Ft. Lauderdale probate attorney, this process may be much longer and more costly than necessary. At Rarick & Beskin, we have a combined 60 years of experience as Ft. Lauderdale probate attorneys.
If you are the Personal Representative (or Executor) of a Florida probate estate, we will help guide you through the probate procedures. As a Personal Representative, you have a high degree of liability if you do not carefully follow Florida law. You must marshal all assets of the decedent – failure to find all assets could subject the Personal Representative to liability. You must pay creditors – but only legitimate creditors. You must pay all taxes – income taxes, property taxes, estate taxes, and other taxes – on time. You must distribute assets of the estate precisely according to the will and only to the legitimate beneficiaries of the will. And this is just a short list of some of your responsibilities as a Florida Personal Representative.
As Ft. Lauderdale probate attorneys, we will guide you every step of the way through the Florida probate system.
3. Ft. Lauderdale Estate Planning Attorneys: Every person should have an estate plan unless you want a court to intervene in your personal affairs in event of mental incapacity or death. As Ft. Lauderdale estate planning attorneys, our discussion with you usually begins with four important legal tools:
These are some of the important legal options most persons should have as a Plan B to make sure you keep legal control with persons you trust in times of good health and times of poor health.
This is an area we all procrastinate in: Get this work done now and you will be surprised the peace of mind that it gives you. As Ft. Lauderdale estate planning attorneys, we are available to help you put in place a plan that will help give you this peace of mind.