Estate and Tax Planning
Our estate and tax planning attorneys provide expert advice and solutions regarding the safeguarding and transmission of family wealth, business succession issues, and personal, gift, estate, and business taxation issues.
Our tax planning services emphasize strategies to minimize estate, gift, generation-skipping, and income taxes, including the efficient implementation of charitable giving plans.
One of the techniques that we utilize which sets us apart from other firms in the city is our frequent use of joint living trusts — a single trust for both partners in a marriage that greatly simplifies funding and management of the trust with all of the usual sophisticated tax savings techniques.
Our approach to estate planning is not limited to only saving taxes, but also emphasizes the development of a plan that effectively provides for the needs of all family members, avoids probate, and incorporates financial planning considerations. Our documents are written in clear, concise and understandable language.
To give you an appreciation of the scope of our services, the following is a representative list of techniques and documents with which we can assist you:
- Wills
- Revocable “living” trusts
- Irrevocable life insurance trusts
- Powers of attorney for property
- Health care powers of attorney
- Living wills
- Gift trusts
- Generation-skipping trusts
- GRITS, GRATS, AND GRUTS
- Qualified personal residence trusts
- Special needs trusts
- Sales to defective grantor trusts
- Premarital and postmarital agreements
- Family limited partnerships
- Limited liability companies
- Buy-sell agreements
- Shareholder agreements