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Probate
The court-supervised process of paying a person’s final debts and passing their property to heirs after death. A trust can often avoid it.
Full glossaryRevocable living trust
A trust you control during your life and can change anytime. It holds your property and passes it to your beneficiaries without probate.
Full glossaryOperating agreement
The rulebook for an LLC: who owns what, who decides, how profits are split and what happens if an owner leaves.
Full glossaryRetainer
An advance payment held in a trust account and drawn down as hourly work is done. Unused funds are returned.
Full glossaryMediation
A confidential meeting where a neutral mediator helps both sides reach their own agreement, usually faster and cheaper than court.
Full glossaryConflict check
A quick search to make sure the firm doesn’t represent anyone on the other side of your matter. It happens before you share details.
Full glossaryFlat fee
One price agreed in writing for a defined piece of work, no matter how many hours it takes.
Full glossaryPower of attorney
A document naming someone you trust to handle money or legal matters for you if you can’t.
Full glossary