The following are generic answers, and are not intended to address the specific issues of any specific person.  Unless and until a fee agreement is settled between the potential client and this firm, there is no attorney-client relationship, and we assume no responsibility for the appropriateness of any answer to any specific person.

1. What are the primary goals of your firm vis-a-vis client representation?
2. Can you help me with an Offer-in-Compromise with the IRS?
3. I am starting a business.  I will be the sole owner.  Should I make it a sole proprietorship, a limited liability company, a C-corporation, or an S-corporation?
4. We are starting a business. There will be more than one owner.  Should we make it a limited liability company, a C-corporation, an S-corporation, or some form of partnership?
5. What are the different types of partnerships?  What is the difference between a GP, an LP, an LLP, and an LLLP?
6. Liability Limitation: I have been told that I should incorporate or form an LLC in order to limit my liability.  Is this reasonable?
7. I have a Will executed when I was a resident of another state.  I have just moved to Colorado. Should I execute a new Will?
8. What can I do to avoid probate?
9. What are the benefits / drawbacks of a Living Trust?
10. Everything we (husband & wife) own is in joint tenancy.  Do we need Wills?
11. I am single. My principal asset is an IRA worth $500,000. I regularly give to charities (including my church), but I want to leave as much as possible to my children, the youngest of which is 40 years old. What do you suggest?
12. I have an asset worth $500,000 that is paying no dividend at this time.  I bought it many years ago for $25,000.  I am nearing retirement and should like to give something to charity and to convert this into something that will start paying me a dividend.  What do you suggest?

IRS CIRCULAR 230 DISCLOSURE: To insure compliance with Treasury Regulations (31 C.F.R. Part 10, §10.35), we are required to inform you that any tax advice contained in any communication must be considered as preliminary only and cannot be used by you or anyone else for the purpose of avoiding penalties imposed by the Internal Revenue Code or other law or for the purpose of marketing or recommending to any other party any transaction, arrangement, or other matter. Only a formal opinion letter that reviews ALL facts and discloses ALL potential issues can be treated as “formal” tax advice on which one may rely for purposes of avoiding certain tax penalties. Should you desire a formal opinion on a particular tax matter for the purpose of avoiding the imposition of any penalties, our firm must be engaged for that purpose; and we shall discuss further the Treasury requirements that must be met and whether it is possible to meet those requirements under the circumstances, as well as the anticipated time and fees involved.

Wiegand Attorneys Inquiries Page

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Last modified: 11/15/06