Practice Areas
O'Connell & Associates, P.C. focuses its practice in the areas of Estate Planning, Asset Protection, Taxation, Corporations & other Business Entities, Probate & Trust Administration, Charitable Gift Planning, Business Succession Planning, and Elder Law.
Click on the highlighted practice area titles to learn more:
Asset Protection
No one is immune today from the risk of being sued. Business owners, professionals, corporate board members, anyone who drives a car, homeowners, to name a few, are the subjects of new lawsuits every day in this country. Doctors are perhaps the highest risk group. Asset protection planning to reduce risk of liability from lawsuits has recently become much more popular in response to the lawsuit epidemic. Asset protection planning can be accomplished simultaneously with other estate planning objectives such as maximum control of assets, tax minimization and avoidance of probate. Common vehicles and techniques for reducing liability include corporations, professional corporations, qualified plans, revocable trusts, family limited partnerships, irrevocable life insurance trusts, generation skipping trusts and charitable trusts. Proper asset protection planning will discourage frivolous lawsuits, encourage favorable settlements, ensure privacy and provide peace of mind.
Charitable Gift Planning
Corporate Law and Business Transactions
We offer a full range of services related to corporate planning. We can help decide which structure your company should take, form that entity, help coordinate the annual meetings, and provide legal advice on all aspects of the business. We also provide legal services to corporations undergoing liquidation, dissolution, or merger.
Elder Law
Estate Planning
O'Connell & Associates, P.C. offers a full range of estate and tax planning services for individuals, families, and related closely-held businesses. Estate planning requires application of the law of wills, property, trusts, insurance, and taxation to one's personal and financial affairs. Your participation with us in the planning process is essential to your acquiring the peace of mind which results from having your affairs in order. Other rewards of comprehensive planning may include significant tax savings during both your lifetime and at your death. Properly structured estate planning can also help you protect your assets and those of your family against possible action by future creditors.
Probate and Trust Administration
We offer complete probate and estate administration services to assist you upon the death of a loved one. Our experienced attorneys will help coordinate the process of settling the estate.
Taxation