There are many kinds of trusts, each with their own advantages and best uses. When creating an estate plan, trusts often arise as a tool for transferring assets without incurring unnecessary taxation. While many trusts offer some form of tax shelter, an AB trust...











Commercial Law

Month: March 2017
Gila River deal demonstrates complexity of water rights
On behalf of Faith, Ledyard & Faith, PLC | Mar 24, 2017 |
Here in Arizona, and in many other parts of the country, access to water is far more complicated than you might expect. Especially because of it's relative scarcity compared to other parts of the country, the statutes that govern water resources and who may control...
Blind trusts: Why are they used?
On behalf of Faith, Ledyard & Faith, PLC | Mar 17, 2017 | Trusts
Over the last year, the term "blind trust" has become a common phrase used by many new outlets and talking heads. Often, it is discussed in the context of President Trump and his numerous business interests. So, what exactly is a blind trust, and how are they used?In...
Don’t go into a real estate transaction without professional help
On behalf of Faith, Ledyard & Faith, PLC | Mar 10, 2017 | Real Estate Transactions
When it comes to commercial real estate transactions, as with any contract of sufficient complexity, there are many ways that the deal can go sideways. The reality of the matter is that a poorly constructed contract or difficult transaction process can turn a great...
What you should know about using contract employees
On behalf of Faith, Ledyard & Faith, PLC | Mar 9, 2017 | Construction Law
As a business owner, it can seem like a good idea to hire independent contractors as staff in your business. You do not have pay taxes or withhold Social Security for these people, but you can get in hot water with the IRS if you are misclassifying employees as...
Owning real estate in multiple states requires extra planning
On behalf of Faith, Ledyard & Faith, PLC | Mar 3, 2017 |
When planning your estate, there are number of elements that can provide a surprising amount of complexity. One common issue that arises when creating a comprehensive estate plan is the matter of owning real estate in more than one state. This can lead to a number of...



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