Estate Planning

Estate administration is the process by which an executor gathers the deceased’s assets, pays their final debts and distributes their remaining assets according to the deceased’s wishes. After someone dies, their estate goes through what’s called the process of probate North Carolina probate process), in which their property is distributed, their will is carried out, and any applicable taxes are paid. The entire process is governed and overseen by probate court. Wax Law provides full-service assistance with preparing and filing court documents, locating and notifying heirs, and even selling and distributing assets. Wax Law can make the pertinent court filings to alleviate the transition of the estate from the decedent to the proper individuals. This process includes proving in court that a will is valid, identifying and inventorying property of the estate, petitioning for spousal and children’s allowance, preparing a detailed and descriptive list for the court, notifying creditors, paying debts and taxes, and distributing the remaining property as the will or state law directs.

At Wax Law our attorney is an experienced negotiator. Whether you are drafting a contract or being asked to sign an agreement, Wax Law can help you through the contract process. We will help you ensure your contracts are fair, reasonable, and are amenable to both parties. We can assist individuals or businesses with a variety of contracts, from nondisclosure, employment, non-compete, research, indemnification, sports agreements, sponsorship and more.

A trademark is a word, phrase, symbol, or design that identifies and distinguishes the source of one party’s goods from those of others. Essentially, your trademark distinguishes your “brand” from other brands. The rights in trademarks come from actual “use” therefore a trademark can last forever, as long as the mark is in use. Your trademarks carry your promises to consumers of the quality and consistency of your good or service. Creating a trademark that is inherently strong takes creativity and solid legal advice. Building a brand that has significant commercial strength is even harder, but can be done through impactful marketing and sales success. WaxLaw works with our clients to investigate, clear and adopt trademarks that carry inherent strength and minimize risk of infringing others’ rights.

At Wax Law we can assist clients with business formation, which can include any of the following:

• Filing legal documents with the North Carolina Secretary of State

• Drafting bylaws, operating agreements, and other foundational documents

• Counseling on the process of obtaining tax identification numbers

• Opening bank accounts and making the necessary tax elections

• Guiding you through the process of purchasing the assets of an existing business

• Reviewing corporate lease agreements and personal guarantees

• Formulating compensation arrangements among business owners and key personnel

• Educating on the importance of well-maintained corporate documentation

Our attorney is dedicated to addressing the unique legal needs of our clients in the sports and entertainment industries. Wax Law provides to our clients counsel with respect to naming rights agreements, general sponsorship, athlete representation, including name, image & likeness (NIL) matters.

At Wax Law we can help your family through some of life’s complicated times. Whether its getting married (prenuptial and postnuptial agreements), adoption, and divorce. Wax Law can help you navigate the legal processes.