Estate Planning
We have many years of experience in implementing a wide variety of wills, trusts and other estate planning documents, using strategies ranging from the very basic to the most complex. Our experience has prepared us to advise clients of the options available to them in wills, trusts and other estate planning documents and strategies. Not only do we address the complex tax issues which can have significant tax consequences if not handled properly, we also strive to assist our clients with the important practical and emotional aspects of the estate planning process.
We routinely draft and implement wills that include a wide range of trusts, including trusts intended primarily for the protection of spouse and children. These include spendthrift and incentive trusts, trusts intended to save estate taxes such as unified credit trusts, marital trusts, generation skipping trusts, trusts to carry out a client's charitable intentions such as charitable remainder trusts and charitable lead trusts, as well as trusts that take advantage of special use valuation, qualified family owned business exclusions, estate tax deferral for businesses, tax free redemptions, and retirement account deferral planning.
We focus our trust and estate planning for our clients on two primary objectives: facilitating the management and protection of their assets, and accomplishing their tax minimization goals. We have many years of experience in trust planning and can accomplish our clien's objectives through the strategic use of trusts. In this planning, we regularly implement numerous types of lifetime and testamentary trusts for our clients including revocable trusts; lifetime and testamentary irrevocable trusts, such as life insurance trusts, gift trusts, generation skipping trusts, qualified personal residence trusts ("QPRT"), qualified terminable interest property marital trusts ("QTIP"), grantor retained annuity trusts ("GRAT"), and intentionally defective grantor trusts; testamentary trusts created under wills or Revocable Trusts, such as unified credit trusts, general power of appointment ("GPOA") marital trusts, QTIP marital trusts, and qualified domestic trusts ("QDOT").