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Parinaz Lak is a real estate and corporate lawyer and the founder of Lak Law Firm.
Prior to forming this firm, Parinaz worked for a boutique law firm in Toronto, where she advised clients on a broad range of corporate/commercial, real estate and estate planning matters.
She has served as a volunteer in various capacities with: The Iran Human Rights Documentation Center, the Iranian Canadian Center for Art and Culture, and Canadian Lawyers for International Human Rights.
She holds a law degree from Shiraz University, Iran (J.D.), a Masters in International Law (LL.M.) from Tehran University, Iran, and a Masters in Law (LL.M.) from the University of Toronto. Parinaz is also a member of the Law Society of Upper Canada, Iranian-Canadian Legal Professionals, the Ontario Bar Association and the Iranian Association for United Nations Studies. Parinaz is fluent in English and Farsi.
REAL ESTATE LAW
Purchasing real estate can be an exciting experience and yet, a very stressful one. Your home is likely to be your most expensive asset, so it is important to ensure that you have taken the necessary steps to reduce your risk and maximize profit.
Lak Law Firm can help and guide you through the process of the below real estate transactions to make sure your experience is a pleasant one.
Buying and selling of commercial and residential properties
Mortgage refinance
Inter spousal Transfer of title
Private lending and borrowing
BUSINESS AND CORPORATE
If you are looking into advancing a small business already in operation or starting a new business, Lak Law Firm can help you to a good start. We can provide you with advice and assistance on the following:
Sole Proprietorships
Partnerships and Partnership Agreements
Incorporation, Minute book organization and Shareholder Agreements
Registering Business Names
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In 2001 relevant legislation and regulations were passed which enabled members of the below professions to Incorporate as a Professional Corporation:
Chartered Accountants, Certified General Accounts, and Lawyers
Health, Medical and Dental Professionals under the Regulated Health Professionals Act
Social and Social Service Workers
Veterinarians
Incorporating your professional corporation can provide you with many financial advantages. Lak Law Firm can help you incorporate your practice and make sure your professional corporation is aligned with the regulatory requirements of the governing licensing body of your profession. We can guide you through the process by providing the following services:
Setting up a share capital structure that meets your specific situation
Selecting an appropriate name for your corporation
Incorporating and filling required documents with the government
Applying for certificate of authorization from the governing licensing body of your profession
Organizing a Minute Book
Applying for certificate of authorization
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If you are thinking about buying or selling a business, specifically if you are dentist and are looking into buying dental offices, Lak Law Firm can help you. The decision to buy, sell or expand your business is a very exciting one; but this is also a big decision to make, with many points for you to consider. Lak Law Firm can walk you through the process by offering advice on:
The pros and cons of buying and selling the assets of a business versus the shares of a business
Negotiation and preparation of lease assignments usually associated with the purchase or sale of a business
Required searches and due diligence for purchasing a business
Negotiation and preparation of the Letter of Intention and purchase or sale agreements
preparation of closing documentations
finalizing the transaction by transferring of funds and exchanging of the required documentations
walking you through the post-closing matters
Note: Lak Law Firm will not provide you with any advises regarding the tax or environmental matters which might be very important to your business transactions. We advise that you consult with the related professionals before entering into any purchase and sale agreement.
WILL AND ESTATE PLANNING
Will planning is vital for the distribution of your estate in a way that reflects your intentions and wishes. For individuals who pass away without a will, the law will determine how their estate is distributed. Additionally, it makes sense to take advantage of numerous opportunities to minimize and even prevent fees and taxes upon death through careful will planning. At Lak Law Firm, our focus will be on working with you to create a comprehensive Will and Estate Plan.
Aside from the evident financial benefits, having a plan in place puts you in control of your future. By working with us, you can carefully decide the future of your assets and be confident that your wishes will be carried out. You will have peace of mind, knowing that your beneficiaries enjoy a more secure future.
With proper planning you can make sure that the people and causes you care about will be looked after. You can minimize or defer taxes payable at death, reduce probate fees, establish jointly owned properties and bank accounts, and establish trusts to reserve your family properties.
Contact us today to get started.
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