Farago, Scott W.

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Address: 350 Ryman Street, Missoula, MT 59802
Lawyer Firm: Garlington, Lohn & Robinson, PLLP
Phone: 406-523-2500
Fax: 406-523-2595
Website: http://www.garlington.com

Areas of Practice Estate & Gift Planning / Wills & Trusts, Estate Administration / Probate, Business Planning / Corporate / Entity Formations, Tax, Real Estate / Real Estate Transactions, Residential and Commercial Leases / Landlord-Tenant

Scott is a native of Missoula, Montana who loves to fly fish, be in the outdoors and spend time with his wife and sons – Brody, Dawson and Cooper. Scott attended law school at the University of Montana School of Law. Following law school, Scott earned his Master’s Degree in Tax Law (LL.M) from the University of Washington in Seattle, Washington. Prior to law school, Scott attended Montana State University where he graduated with honors earning a bachelor’s degree in business management and a minor in entrepreneurship and small business management.

Scott’s practice focuses on:

– Estate Planning: Creating and maintaining an estate plan to meet the goals of his clients and to ensure the client and the client’s family are well prepared in the event of death, incapacity or unforeseen tragedy.

WillsTrust planning (living and testamentary / revocable and irrevocable)Life insurance trustsPowers of attorneyHealthcare directives / Living WillsAvoiding or minimizing potential estate tax burdensLifetime giving and charitable giving / avoiding or minimizing gift tax burdensBeneficiary deedsProbate avoidance and easing the estate administration processSuccession planning for family cabins, ranches, farms and businesses

– Probate / Estate Administration:

Formal or informal probateSmall estate administration

– Business Planning and Structuring:

Entity formationPreparation of internal governing documents, such as bylaws, shareholder agreements, partnership agreements, operating agreements, and the like.Partnership and corporate tax planningLimited Liability Companies (LLC’s)Buy-sell agreements and business succession planningBusiness transactionsAsset sales, stock sales, mergers, liquidationGeneral legal and tax consulting for the business owner

– Tax Exempt Entities:

Preparation and filing of application for exemptionAdvise tax-exempt entities during operation

– Real Estate Transactions:

Buy/Sell agreementsTax deferred exchangesAdvise on structure of transactionsDeed of trust transactionsContract for deed transactions

– Residential and Commercial Landlord/Tenant Issues:

Preparation of lease (residential and commercial)Termination of lease / eviction

– Tax

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