Estate Planning
Our estate planning practice is closely associated with our representation of family businesses. We assist our clients in everything from preparing simple wills to business succession planning. We find that throughout the lifecycle of a business, opportunities exist to involve younger generations to provide a smooth transition in control and the associated wealth transfer. Where applicable and appropriate, we evaluate company expansions and changes not just from the perspective of the business, but of its owners and their long-term estate planning goals. Every client’s goals and needs differ – so the tools used are custom tailored to the client. The Firm has attorneys who are experienced in the areas of Estate, Gift and Generation-Skipping Transfer Tax, Income Tax, Property Tax, Sales and Use Tax. All of these issues are considered in the context of an estate plan to preserve family wealth while carrying out the client’s estate planning goals. Among the many tools that can be brought to bear are:
- Wills
- Revocable Trusts
- Irrevocable Trusts
- Special Needs Trusts
- Irrevocable Life Insurance Trusts
- Charitable Lead Trusts
- Charitable Remainder Trusts
- Dynasty Trusts
- Qualified Personal Residence Trusts
- Qualified Domestic Trusts
- Advance Heath Care Directives
- Durable Powers of Attorney
- Life Insurance Planning
- Charitable Giving
- Retirement Plan Beneficiary Designations
- Marital Property Agreements
- Premarital Agreements
- Post-Nuptial Agreements