Practice Areas

At Mayman & Mayman, LLP our attorneys have over 30 years of experience in estate planning and asset protection, as well as business transactional work.

Estate planning and asset protection represent the core of our practice, and we work diligently to provide the best estate planning and asset protection advice to our clients. Estate planning and asset protection is a niche practice that requires knowledgeable attorneys familiar with estate taxation and an understanding of creditors’ rights law. Our attorneys have both an in-depth knowledge of these fields and a determination to provide excellent service to our clients. No two situations are alike, and our attorneys provide a tailored and comprehensive plan to accommodate our clients’ individual needs and goals.

Asset Protection

Asset protection is accomplished using several different vehicles. Among them are Limited Liability Companies, Limited Partnerships, Irrevocable Trusts, and Off-Shore Trusts. The purpose of asset protection is to ensure that an individual is only exposed to the liability that he or she is rightly responsible for.

There is a significant distinction between legitimate asset protection and an illegal fraudulent conveyance. It is essential that individuals seeking to limit their liability discuss their options with an experienced attorney in order to ensure that all asset protection is conducted properly. Individuals with significant exposure to liability should contact an attorney at Mayman & Mayman LLP to discuss their asset protection needs. After all, it's not what you make, but what you keep that counts.

Business Transactions

In the process of creating extensive comprehensive estate plans and asset protection devices, Mayman & Mayman LLP started establishing many different types of business entities.  As is often the case in law, the attorneys at Mayman & Mayman realized that their expertise was expanding to several different types of business entities and business transactions, including buy-sell agreements, installment sales, formation of limited liability companies, formation of corporations, formation of limited partnerships, drafting operating agreements and corporate minutes.  Each of these entities and transactions is used for various purposes with differing benefits and detriments.  The attorneys at Mayman & Mayman LLP assist individuals and businesses with their transactional needs, and explain the benefits and detriments of different types of transactions and different business entities.

Estate Planning

A well designed estate plan provides you with the comfort and confidence of knowing that your loved ones are secure for the future.  When a person dies or becomes incapacitated, a comprehensive and updated estate plan allows the family to quickly and efficiently address specific needs and problems that may arise, such as:

  • Making health care decisions for an incapacitated individual
  • Avoiding Probate (a lengthy process that can cost a significant amount of money and requires extensive court oversight)
  • Avoiding an unnecessary estate-tax liability
  • Avoiding delay and frustration in estate settlement
  • Providing for dependents with special needs
  • Leaving assets to a non-citizen spouse
  • Benefiting a charity
  • Specifying the amount, manner and timing of distributions to young or financially unsophisticated heirs
  • Leaving assets to children from a previous marriage

Our attorneys advise and work with clients and their financial advisors to create a comprehensive estate plan to transfer wealth in an orderly and efficient manner.  A properly crafted estate plan can make leaving assets to heirs a relatively simple process.  Contact an attorney at Mayman & Mayman LLP to help guide you through the process.