Areas of Practice
Statistics show that most American adults have not executed all of the necessary estate planning documents to manage their assets after death. In many instances, people procrastinate because they simply don’t know where to begin or avoid talking about plans after their death.
Whether your family is just starting out and in need of an estate plan or if you have built considerable wealth and need to address comprehensive wealth transfer strategies, we can provide guidance to help you achieve the results you want. We handle all aspects of an estate plan including Wills, Living Wills, Healthcare Power of Attorneys, Property Power of Attorneys, and guardianship for minor children.
At Shie Law, we will answer all of your questions, gain an understanding of your objectives, and make appropriate recommendations for your estate plan. We will then draft an individualized estate plan that has been specifically designed for you.
We provide expert legal service in the area of real estate transactions in both Iowa and Illinois. We also provide abstracting services for Iowa properties, including the development of new abstracts. Whether you are buying your first home, condo, investment property, or commercial building, we are able to handle all of your real estate matters and concerns.
Real Estate Transaction Needs:
Draft or review your sales contract
Negotiate real estate agreements
Review your lending documents
Search and clear title
Analyze your purchase/sale agreement, and identify and rectify potential problems
Conduct your real estate closing
Commercial & Residential Real Estate Needs:
Residential home sale and purchase transactions
Commercial property sale and purchase transactions
Real estate contracts
Trusts & Special needs trusts
More than ever, trusts are a vital part to estate planning. Creating a trust can help minimize taxes, protect assets, and spare your loved ones from having to go through the slow and public probate process that divides up your assets after you pass. Creating a trust speeds up the trust administration process, as the disbursement of assets are more quick and efficient than with a will.
Families who have a family member with a disability must plan for the future very carefully. The way in which assets are left after your death can have a tremendous impact on the quality of life for that person. In the past, a will may have been sufficient. But now, to protect a person with special needs, a well-defined estate plan is vital. A Special Needs Trust allows a parent, grandparent, or guardian to provide funds for a child with a disability without disrupting the child’s eligibility for government aid and benefits. We help families address the financial, legal, and social aspects of a person’s life in order to develop an effective plan for the future.
In today’s world, it is difficult to complete any business transaction without considering the liability exposures and the income tax ramifications.
At Shie Law, we have extensive experience working with businesses in all stages of development from start-ups to complex corporate structures. We have expertise in working with and establishing limited liability companies, general and limited partnerships, s-corps, c-corps, professional corporations, and non-profits. We will assist new and small businesses with business entity formation, restructuring, contract drafting, negotiation, and employment-related agreements. We also counsel businesses in formation, selling and purchasing businesses, corporate structures, and managing business.
Probate & estate administration
If your family has experienced the loss of a family member, we can assist you with the legal process that occurs when a loved one passes away.
If your loved one had a will or no will at all, the family will go through a process called Probate where the decedent’s estate is distributed to heirs and/or designated beneficiaries. If your loved one had a Trust, the family will go through a process called Trust Administration where trust property is distributed according to the terms of the decedent’s trust.
We will help guide the executor of the estate, as designated in the decedent’s estate plan or as appointed by a court, from the very beginning of the process. We will help safeguard the decedent’s property and assets, value the assets, and distribute the assets according to the decedent’s estate plan or by state law. Our main objective is to fulfill the deceased client’s wishes in an efficient and cost effective approach, in which all beneficiaries are treated fairly and respectfully.
No matter what your arrangement or the particulars of your specific transaction, we can customize contracts and agreements to meet your specific concerns, needs, and interests. We will work with you to custom formulate and draft a contract that is designed to achieve your distinct purpose and objectives. Whether you need an employment agreement, non-compete agreement, or an asset purchase/sale agreement, we will provide you with sound legal advice and guidance to allow you to achieve your goals.
Geographic Service Areas
Shie Law provides diligent legal representation to clients from Iowa and Illinois, including but not limited to, the following counties: Scott County, Clinton County, Jackson County, Muscatine County, Cedar County, Rock Island County, Henry County, Whiteside County, and Mercer County.