Planning your estate? We can build a strategy for wealth transfer and asset protection that reflects your values — while minimizing income, estate, gift, and generation-skipping transfer taxes.
Estate Planning for Your Values
Estate planning means navigating the complex and changing tax implications. We can help tame the complexity by taking a holistic approach that addresses both your business and personal needs. We start by listening to your needs, values, objectives, and dynamics, and then build a strategy that hits the sweet spot.
We help clients with all aspects of personal tax planning, including income, estate and gift taxes, and charitable giving.
We regularly assist with:
- Estate planning, including drafting and implementing wills, simple and complex trusts, such as revocable trusts, dynasty trusts, grantor retained annuity trusts (GRATs), intentionally defective grantor trusts (IDGTs) and qualified personal residence trusts (QPRTs), and family limited partnerships and related services
- Asset protection planning
- Insurance planning, including irrevocable insurance trusts
- Gift planning
- Advising on and creating charitable foundations
- Probate administration and settlement of decedents’ estates
- Trust administration
- Guardianship matters
- Dealing with the Internal Revenue Service
We also counsel business owners on all areas of tax and estate planning, specifically:
- Preparing buy/sell, restrictive stock, and employment agreements
- Structuring life insurance and benefit programs to minimize tax costs (including “split-dollar” arrangements)
- Management succession and asset conservation with minimum tax cost
- Recapitalizations, gift programs, and other techniques to shift value or separate control from value
- Short- and long-term estate implications of selling or restructuring a business
- Planning for liquidity in the event of an owner’s death
Estate planning should reflect your unique values, desires, and family dynamics. That’s why we start by learning what matters most to you, and then rally the right resources to help you achieve your goals.
Andy Lau is a partner in the firm’s Estate Planning, Social Impact & Innovation, and Tax Practice Groups. Andy’s practice concentrates principally on estate and wealth planning. He counsels business […]
Justin M. Prince is an associate in the firm’s Estate Planning and Social Impact & Innovation Practice Groups. Justin is experienced in designing estate plans for individuals and families that […]
Susan G. Berman is a partner in the Estate Planning and Tax Practice Groups. Susan focuses her practice on wealth transfer tax reduction through gift, estate, and generation-skipping transfer tax […]