FAQ's

How Much Do Estate Attorneys Charge?

When looking for an estate attorney it’s important to consider the costs they come with. Estate attorneys often charge a flat fee and with that will assist in crafting legally binding documents such as wills and power of attorney. However, much like other attorneys, estate planning attorneys can be employed on an hourly basis to help you maintain your estate as well as act on your behalf

What Does An Estate Attorney Do?

Estate attorneys, also known as estate planning attorneys, assist in the planning process and afterward through the process of probate court. Estate attorneys understand the state and federal laws that will affect your estate.Estate attorneys are licensed law professionals who understand how your estate will be handled after your death by way of inventory, value, disbursement, and taxes. While estate attorneys can walk you through the probate process, they also can help with other estate-related matters such as:Creating a willDesignating your beneficiariesEstablishing durable power of attorney and medical durable power of attorneyAssist in reducing estate tax when possibleAssist in finding best options for the probate court processSet up any trusts you may need to protect your assists

Do You Need a Business Lawyer?

The business lawyers at Frost Law are qualified to assist you with all your business needs. In addition to a team of skilled business attorneys, Frost Law provides a one-stop-shop for various services that you and your business might need. Frost Law isn’t just about planning for the worst, we help you manage your estate plan, unpaid taxes, and bankruptcies so that you can continue your day to day. Our business team can provide legal advice in a wide range of areas for small businesses, midsize enterprises, and large corporations in Maryland, Virginia and Washington, D.C.

What Is The Difference Between a Corporate Lawyer and a Business Lawyer?

Focuses of a Business Lawyer:

Writing business plans to present to potential investors
Assist in finding a logo and company name that is free of copyright or trademark
Create partnership agreements
Assist in submitting required IRS forms and taxes
Assist in federal entities filing complaints or investigating the business
Lawsuits that your business may be involved in

Focuses of a Corporate Lawyer:

Assist in the incorporation of your business
Ensure both parties are compliant in business deals especially when dealing with international entities
Check on investor rights, acquisitions, and issues involving corporate structures

Business Lawyer vs. Corporate Lawyer

Both of these professionals provide different and needed services. A significant difference between them though is that corporate lawyers tend to provide guidelines when purchasing and selling items. When it comes to corporate law, the decisions of a corporate lawyer can significantly affect the business it works under. Meanwhile, business lawyers will primarily assist in areas including employment and taxes.

If you’re having trouble differentiating between a corporate lawyer and business lawyer still, you can understand a business lawyer sees the business as an activity, it involves the buying and selling of goods. Meanwhile, a corporate lawyer is concerned with the operations, activities, and validity of a corporation.

What Should I Consider When Hiring a Business Lawyer?

In the list below, we’ll provide you with some factors to consider when hiring a business lawyer. Credentials and specializations: You don’t always need to hire the best lawyer for filing simple paperwork. But for larger corporations, they may want to consider obtaining the sharpest business lawyers to negotiate on their behalf due to working with millions or billions of dollars. You can narrow your search for a business lawyer by searching specifically for lawyers who may specialize in an area of law that the issue falls under. Attorney Fees: When looking to hire a lawyer, you should understand how their fees are structured. This is typically a flat rate or hourly. You should also compare amongst several business lawyers. It can be helpful to set a budget for your lawyer as well as to not overspend. Research: You can find information on most reputable business lawyers on the internet. Research your candidates by visiting online sites or even their company’s page that lists them. Location: Depending on the size of your business, you may need to consider a business lawyer who practices law in your state or even internationally. As your business grows and changes, you will need to find a lawyer more suitable for your needs - but to start with, try to find a lawyer who specializes in your area. Firm/Resources: Your lawyer will be the most important asset, but you should also consider what other resources they bring to the table. When looking for a lawyer try to consider what other potential business partners, future clients, or other types of lawyers they may be able to introduce your business to. Reason for Hiring: You should always know the reason you’re hiring your lawyer for. If you plan out the reasons beforehand you can focus on those factors and find a specialized lawyer who will best fit your company’s needs. While a lawyer may not check all the boxes you’re looking for, it’s important to narrow down your options as much as you can so you can find the best fit for your business.

What Lesser Known Issues Do Business Lawyers Handle?

Business lawyers are dynamic and also perform some lesser known tasks such as:

Transferring ownership or shares in a business
Oversee the procedures required to dissolve a company
Assist a company in adjusting to changes in law or new ownership
Help in the restructuring of a business such as going from an LLC to a C corporation
Reviewing, drafting, and negotiating various business contracts

The size of a corporation or business a business lawyer may work for will determine how often they handle these tasks on a daily basis. For a small business, an attorney may be hired to handle most of the start up process of the business. In this case, the attorney can be hired to work through the restructuring of a company to simply review compliance issues.

Business lawyers who work for larger corporations however, specialize in certain areas of the business. In larger corporations you can find an entire in-house team of legal professionals who only handle a set of issues such as compliance matters.

With a business lawyer's wide range of knowledge and experience, they may even at times serve as an expert in a lawsuit. For example, in court, the court itself or the parties involved may need more information on a particular subject. This is where a business lawyer can be able to serve as an expert and provide insight into the disputed facts.

What Types of Cases Do Business Lawyers Handle?

Business lawyers have a wide range of skills and are therefore equipped to handle a variety of issues that are business-related. These issues can include:

Business and/or contract disputes
Real estate or business property issues
Registration of intellectual property, or IP, which can include copyrights, trademarks, patents, and more
Unauthorized use of protected data
Conflicts in connection with the sale and purchase of companies, stocks, securities, etc.
Coming in to compliance with business regulations and other laws
Registration of the business including obtaining the federal and state tax identification numbers and obtaining an necessary licenses
Interstate and international business issues

What Is The Role Of A Business Lawyer?

Primarily a business lawyer provides advice as well as other legal services that affect different areas of a business. Business lawyers also help with compliance in ensuring the business meets various regulations often set by the federal or state government. Most often, you’ll find business lawyers able to assist with a variety of complex issues such as:

Conflict Resolution
Corporate Law Issues
Business Formation
Compliance
Intellectual Property
Mergers and acquisitions

A notable difference between business lawyers and other specialized lawyers is that they cannot handle the same legal issues as employment lawyers. Business lawyers focus primarily on business operations along with the overall structure of a business, while employment lawyers tend to focus on issues such as employment discrimination and employment contract disputes.

Is a Tax Lawyer the same as a CPA?

While typically working together, a Tax Lawyer and CPA are completely different, and one professional may not be able to help with issues even though both help taxpayers. Tax lawyers are legal professionals with law degrees. They hold certifications and memberships and have passed state bar exams.

What Are The Specialties of the Tax Law Field

There are several specialties a tax lawyer can get into. Some of them include:

Tax Controversy: Disputes over amounts owed to various tax authorities yadda yadda

Back Taxes: Individuals and businesses may have issues with back taxes related to non-filing, delinquent filing, payroll taxes, and a litany of other things yadda yadda

Corporate Tax – Lawyers ensure compliance with tax laws, rules, and regulations. When working with corporate entities they will also give advice on mergers and acquisitions, and other business and securities matters.

Executive Compensation – Tax Lawyers may also provide advice on federal and state regulations, benefits, and pensions. They can also be responsible for drafting employment agreements.

Exempt Organizations – In the nonprofit world, tax lawyers can represent tax-exempt entities. These include charities, trade associations, educational institutions, healthcare organizations and more.

International Tax Planning – Tax Lawyers may also provide counsel in relation to tax issues relevant to companies engaged in global business activities.

Municipal Finance – When working with this, tax lawyers are helping local governments with issues such as tax compliance, infrastructure, transportation, housing, school districts, and industrial and economic development bonds.

Tax Litigation – When litigating, tax lawyers will negotiate with tax authorities such as the IRS and provide defense in criminal tax cases.

What Is The Difference Between Tax Lawyer and Tax Attorney:

Tax lawyers and tax attorneys provide the same services. They also fall under several other titles such as:

Tax Associate
Business and Tax Attorney
Corporate Tax Attorney
Transactional Tax Attorney
Criminal Tax Attorney
Real Estate Tax Attorney
Tax Controversy Attorney
Dispute Resolution Attorney
International Tax Attorney
Estate Planning Attorney

How Do Tax Lawyers Do Their Work:

Tax code and laws are always evolving. Because of this, tax lawyers must stay current regarding tax law changes. They also typically conduct legal research and compile informational findings from clients' financial reporting to then negotiate with the IRS and other tax authorities better. Tax lawyers when helping you will typically need a handful of legal documents to have a better understanding of your case, these documents include:

Bank Statements
Tax Documents
Receipts
Payroll Records
Invoices
Tax lawyers are also capable of drafting legal documents such as:
Letters
Memoranda
Contracts

Who do Tax Lawyers Work For:

Tax Lawyers can have various employers but clients dealing with back taxes, overpayment, and other tax controversy matters that plague millions of individuals each year are typically who tax lawyers work for.

Another example of who tax lawyers work for are corporations may hire a tax lawyer to handle specific tax controversy issues, while smaller firms may be hired to assist individuals or small businesses with audits. In the former, tax lawyers typically advise corporations on the legality of items such as commercial transactions, legislative developments, impacts of financial decisions, and payroll issues.

What Are The Skills of a Tax Lawyer:

Tax lawyers must be able to clearly communicate to their clients the sometimes-overwhelming tax laws. They should also have a great understanding of accounting, reporting, and litigation. Beyond the tax code, tax lawyers rely on critical thinking skills, ensuring their client’s situation is correctly assessed and understood to support the best possible decisions for their clients’ financial successes.

What Does a Tax Lawyer Do?

Our tax lawyers navigate clients through the complex tax code while providing sound legal advice on complicated tax issues like disputing amounts owed, handling back taxes, and figuring out how to best take advantage of tax deductions, credits, and exemptions your country’s tax code offers. Some tax controversy lawyers stop short of tax planning but lawyers are capable and work together with accountants, financial planners, and other professionals to make sure your tax situation is in the best position it can possibly be in. Tax lawyers can assist both individuals and businesses.

What is The Focus of a Tax Lawyer

Navigating the legal landscape can be difficult without a tax lawyer. A tax lawyer’s primary focus is to guide you through the taxation laws and assisting clients with disputes. Some tax lawyers are also capable of advising clients on tax planning matters and can work together with other financial professionals to ensure your money stays your money. Our tax lawyers can also help with setting up estate plans, making charitable gifts and more. In some cases, tax lawyers may also represent clients in criminal cases brought on by the IRS such as tax evasion or fraud.

Is a Tax Lawyer the same as a CPA?

What Are The Specialties of the Tax Law Field

There are several specialties a tax lawyer can get into. Some of them include:

Tax Controversy: Disputes over amounts owed to various tax authorities yadda yadda

Back Taxes: Individuals and businesses may have issues with back taxes related to non-filing, delinquent filing, payroll taxes, and a litany of other things yadda yadda

Executive Compensation – Tax Lawyers may also provide advice on federal and state regulations, benefits, and pensions. They can also be responsible for drafting employment agreements.

International Tax Planning – Tax Lawyers may also provide counsel in relation to tax issues relevant to companies engaged in global business activities.

Tax Litigation – When litigating, tax lawyers will negotiate with tax authorities such as the IRS and provide defense in criminal tax cases.

What Is The Difference Between Tax Lawyer and Tax Attorney:

Tax lawyers and tax attorneys provide the same services. They also fall under several other titles such as:

Tax Associate
Business and Tax Attorney
Corporate Tax Attorney
Transactional Tax Attorney
Criminal Tax Attorney
Real Estate Tax Attorney
Tax Controversy Attorney
Dispute Resolution Attorney
International Tax Attorney
Estate Planning Attorney

How Do Tax Lawyers Do Their Work:

Bank Statements
Tax Documents
Receipts
Payroll Records
Invoices
Tax lawyers are also capable of drafting legal documents such as:
Letters
Memoranda
Contracts

Who do Tax Lawyers Work For:

What Are The Skills of a Tax Lawyer:

What Does a Tax Lawyer Do?

What is The Focus of a Tax Lawyer

How Much Do Estate Attorneys Charge?

What Does An Estate Attorney Do?

How Much Do Estate Attorneys Charge?

What Does An Estate Attorney Do?

How Much Do Estate Attorneys Charge?

What Does An Estate Attorney Do?

How Much Do Estate Attorneys Charge?

What Does An Estate Attorney Do?

How Much Do Estate Attorneys Charge?

What Does An Estate Attorney Do?

Do You Need a Business Lawyer?

What Is The Difference Between a Corporate Lawyer and a Business Lawyer?

Focuses of a Business Lawyer:

Writing business plans to present to potential investors
Assist in finding a logo and company name that is free of copyright or trademark
Create partnership agreements
Assist in submitting required IRS forms and taxes
Assist in federal entities filing complaints or investigating the business
Lawsuits that your business may be involved in

Focuses of a Corporate Lawyer:

Assist in the incorporation of your business
Ensure both parties are compliant in business deals especially when dealing with international entities
Check on investor rights, acquisitions, and issues involving corporate structures

Business Lawyer vs. Corporate Lawyer

What Should I Consider When Hiring a Business Lawyer?

What Lesser Known Issues Do Business Lawyers Handle?

Business lawyers are dynamic and also perform some lesser known tasks such as:

Transferring ownership or shares in a business
Oversee the procedures required to dissolve a company
Assist a company in adjusting to changes in law or new ownership
Help in the restructuring of a business such as going from an LLC to a C corporation
Reviewing, drafting, and negotiating various business contracts

What Types of Cases Do Business Lawyers Handle?

Business lawyers have a wide range of skills and are therefore equipped to handle a variety of issues that are business-related. These issues can include:

Business and/or contract disputes
Real estate or business property issues
Registration of intellectual property, or IP, which can include copyrights, trademarks, patents, and more
Unauthorized use of protected data
Conflicts in connection with the sale and purchase of companies, stocks, securities, etc.
Coming in to compliance with business regulations and other laws
Registration of the business including obtaining the federal and state tax identification numbers and obtaining an necessary licenses
Interstate and international business issues

What Is The Role Of A Business Lawyer?

Conflict Resolution
Corporate Law Issues
Business Formation
Compliance
Intellectual Property
Mergers and acquisitions

Is a Tax Lawyer the same as a CPA?

What Are The Specialties of the Tax Law Field

There are several specialties a tax lawyer can get into. Some of them include:

Tax Controversy: Disputes over amounts owed to various tax authorities yadda yadda

Back Taxes: Individuals and businesses may have issues with back taxes related to non-filing, delinquent filing, payroll taxes, and a litany of other things yadda yadda

Executive Compensation – Tax Lawyers may also provide advice on federal and state regulations, benefits, and pensions. They can also be responsible for drafting employment agreements.

International Tax Planning – Tax Lawyers may also provide counsel in relation to tax issues relevant to companies engaged in global business activities.

Tax Litigation – When litigating, tax lawyers will negotiate with tax authorities such as the IRS and provide defense in criminal tax cases.

What Is The Difference Between Tax Lawyer and Tax Attorney:

Tax lawyers and tax attorneys provide the same services. They also fall under several other titles such as:

Tax Associate
Business and Tax Attorney
Corporate Tax Attorney
Transactional Tax Attorney
Criminal Tax Attorney
Real Estate Tax Attorney
Tax Controversy Attorney
Dispute Resolution Attorney
International Tax Attorney
Estate Planning Attorney

How Do Tax Lawyers Do Their Work:

Bank Statements
Tax Documents
Receipts
Payroll Records
Invoices
Tax lawyers are also capable of drafting legal documents such as:
Letters
Memoranda
Contracts

Who do Tax Lawyers Work For:

What Are The Skills of a Tax Lawyer:

What Does a Tax Lawyer Do?

What is The Focus of a Tax Lawyer