Banner photograph provided by Doylene Garvey.
revocable Trusts, wills, beneficiary designations, & powers of Attorney
Let's face it, estate planning is generally not an enjoyable process. However, a well executed estate plan will not only address the administration of your assets after your death but it will also address the management of your person and your affairs if you become incapacitated before your death. A well thought-out estate plan will provide you and your loved ones with peace of mind and the necessary tools to navigate the difficulties of illness, old age, and death.
Bachman Law, LLC offers most estate planning services on a fixed fee, package basis. Please call us for a price menu.
Medicaid & Asset Protection Planning
irrevocable trusts, medicaid qualification plans, & medicaid applications
The cost of long term care is exorbitant, and, in most instances, these costs are not covered by Medicare. The implications of such a financial burden can be significantly reduced by proactive planning well in advance of the possibility of long term care.
Unfortunately, it is not uncommon to fail to plan for the long term care costs. If the prospect of long term care is imminent for you or a loved one, it is not too late to plan for these costs or to pursue a Medicaid qualification plan.
It is critical to understand that Medicaid laws are very complex. Trusting and following the advice of those not well-versed in this area of the law could cost you and your family significant assets.
Farm & Ranch Legacy Planning
family business succession planning
More often than not, farm and ranch owners fail to adequately plan to pass their business on to the next generation. For instance, they generally know who they want to inherit the business but, unbeknownst to them, they have failed to put forth adequate efforts to ensure that the person they want to continue their business has the resources to do so. A combination of conflicting interests, immense pride, and denial on the part of the business owner(s) make farm and ranch succession planning very complicated for good reason. Bachman Law, LLC helps its farm and ranch clients isolate and effectuate their legacy planning goals.
Limited Liability Companies (LLCs)
formation, establishment, & MAINTENANCE
A limited liability company (LLC) is common business structure created by state statute that combines the advantages of a corporation and a partnership in one entity. LLCs enjoy the limited liability feature of a corporation and the tax advantages and operational versatility of a partnership.
Generally, the most attractive feature of an LLC is the personal liability protection that it affords its members. However, if not managed properly, an LLC may not limit its members' liability. Bachman Law, LLC helps its clients establish and properly maintain their LLC.
Business Sales & Purchases
buy & Sell Agreements, Promissory Notes, Security Agreements, & UCC FilingS
Selling and buying a business can be a complex process and it is very different than a real property transaction. Engaging advisers such as attorneys and certified public accountants to help you through the process can be valuable in a number of ways. Regardless of whether you are the buyer or the seller, Bachman Law, LLC will ensure that your interests are protected throughout and after the business sale or purchase transaction.
Real Estate Transactions
property purchases & Sales, leases/rental agreements, deeds, & Easements
Bachman Law, LLC provides an array of services pertaining to real estate transactions. These services include the preparation of contacts to buy and sell real estate, deeds of trust, mortgages, and promissory notes. In addition to preparing and recording various types of deeds, the firm prepares residential rental and commercial lease agreements as well as cohabitation agreements. Please feel free to inquire whether Bachman Law, LLC can be of service to you.