Wealth Transfer Planning

In addition to having basic estate and incapacity planning documents, clients may also benefit from lifetime gift and tax planning for family, relatives, or charity. This requires consideration of the estate, gift and income tax consequences of such transfers, as well as the future financial needs anticipated by the individual or couple transferring the assets. We use strategies designed to reduce the burden of the estate tax, protect beneficiaries from threats of divorce or financial insecurity, and support philanthropic organizations. We also assist with the preparation and filing of any required federal gift tax returns.

We can advise you in matters including:

• Dynasty or generation-skipping trusts
• Life insurance trusts
• Qualified Personal Residence Trusts (QPRTs)
• Grantor Retained Annuity Trusts (GRATs)
• Family limited partnerships or limited liability companies
• Charitable trusts (CRTs and CLTs)