TRUSTS & ESTATES

TRUSTS & ESTATES

Overview

What You Need

When it comes to your estate planning, there are many goals and strategies to consider. Among the most essential is ensuring that your accumulated wealth passes in the most tax-efficient manner while achieving your succession goals. This requires an attorney with the experience and knowledge to gainfully minimize estate and inheritance taxes while being mindful of implementing estate- and succession-planning strategies that are practical, straightforward, and that reflect your needs and wishes.

Many individuals have more complex needs of which they are not aware, including the advisability of planning and structuring family limited partnerships and other entities as well as the establishment of grantor-retained annuity trusts, special needs trusts for disabled individuals, qualified personal residence trusts, irrevocable life insurance trusts, and generation-skipping trusts. There are no two individuals with identical estate-planning needs. Your needs are unique and are treated that way at our firm.

How We Deliver

We work in collaboration with our clients to develop a comprehensive and goal-oriented analysis to present our clients with options and determine the best course of action for their situation. Our attorneys are well versed in the most sophisticated estate-planning techniques, including creatively developing methods that define custody of assets as well as the planning and preparation of gift, estate, and fiduciary income tax returns. The ins and outs of probate and administration are a firm specialty. Our capabilities also extend to the preparation of petitions and related documents necessary to probate a will and administer an estate as well – including probate court accountings and litigation of probate court proceedings, as required.

Representative Services

  • Family limited partnerships and other entities
  • Succession planning through transfer of wealth and ownership structures
  • Trust formation (revocable and irrevocable insurance trusts, special needs trusts, grantor annuity trusts, spousal lifetime access trusts, asset protection trusts, and others)
  • Wills, powers of attorney, living wills, and medical directives
  • Sale of assets to intentionally defective grantor trusts through the use of Self-Canceling Installment Notes (SCINs)
  • Forming, and preparing tax returns for, charities and other exempt organizations
  • Maintenance of records for estates, trusts, and individuals

Attorneys