Estate planning is an ongoing process that necessarily changes over the course of someone’s lifetime. We work closely with clients throughout each stage of their lives (both personal and business) to create customized and innovative solutions for their estate-planning needs. From protecting wealth and family businesses to planning for disability and long-term care, our experienced and dedicated team of attorneys will work to protect your future.
We design estate plans for clients at all levels of wealth accumulation and personal familial circumstance. Planning includes first and foremost, listening. This is followed by the careful review of a client’s assets, determining the overall family objectives, drafting the necessary Wills, Trusts and other documentation, monitoring gift giving programs, and ensuring necessary compliance with the Internal Revenue Service and related State agencies.
Additionally, we provide assistance with the administration of trusts and estates and ongoing tax planning and compliance matters. Should there be a need for litigation to contest a will or resolve a wide array of disputes concerning trusts and estates— we are ready to help. We provide guidance on succession and exit planning for one’s business, the preservation of an estate for the benefit of your heirs, maintaining control over the distribution of assets, reduction of estate taxes, and designation of an agent in case of unforeseen incapacitation.
Areas in which the firm can be of service include:
- The development of wills, and revocable and irrevocable trusts
- Tax planning and asset protection planning
- Business succession and exit planning
- Gift and estate planning
- Estate administration
- Preparation of living wills and durable powers of attorney
- Charitable planning
- Special needs planning
- Estate and fiduciary litigation
- Elder Law
Some of the basic estate planning documents we create for clients include:
- An Advance health care directive, which is also called a living will. This document allows you to make your own decision whether you want artificial life support if you are in an unconscious state with no hope of recovery. This document also names a Health Care Proxy, which is a person who can carry out your decisions.
- A durable power of attorney, which allows you to name someone as your agent who can pay bills and make other financial decisions on your behalf. The power of attorney is “durable,” meaning that it remains in effect even if you are incapacitated.
- A will or trust, which gives instructions as to how your estate will be distributed when you die.
The transfer of your estate at death is only one of the functions of a will or trust. They can also be used to protect your estate from a large estate tax liability and to plan for the care of your children should you unexpectedly pass away before they reach adulthood. As the tax laws are constantly changing and becoming more complex, it is essential that you have proper guidance in planning for your future and your family’s future. We are here to help.