WHAT IS PROBATE? When a family member passes away, loved ones are usually left with the difficult task of deciding how to go about transferring or inheriting property. Probate is the court-supervised process during which the court will decide the validity of your will, the personal representative or executor will gather your assets and distribute them according to your will (if there is no will, your assets will be distributed according to intestate succession), and your creditors will get paid. This process can be costly and take between 9 months or more. Good estate planning can minimize expense and delay by transferring assets through other means. At Basar Law, we will help you decide the appropriate plan that will pass your assets to your loved ones in a time efficient and economical manner. Some of the ways of transferring property without a will are: Living trusts- A great way of…

BUSINESS LAW Starting a new business is an exciting venture. At Basar Law, our goal is to establish long-term relationships with our clients. The process begins with helping our clients decide on the best type of business entity by discussing the risks, tax benefits and liabilities of various business entities (sole proprietorship, subchapter S or C corporation, limited liability company, general partnership, limited liability partnership.) Depending on your specific wishes and goals, we will help you establish the best option that fits your needs. In addition to business formation services, Basar Law also offers various legal services tailored to meet the needs of clients with an established business in areas such as: Business succession planning Drafting and reviewing buy-sell agreements Assisting with commercial real estate matters Drafting and reviewing contracts and agreements Business formations and restructuring Business dissolution If you are a business owner, your estate plan will involve matters…