We assist clients in planning for the management of assets during their lifetime, including in the event of incapacity, and upon their death. During the planning process, we work with clients to identify and understand their goals, consider their current and future asset holdings, and provide a range of options. The firm’s practice extends beyond the preparation of traditional Wills and Trusts.
We view ourselves as “family advisors”, working in collaboration with our clients’ accountants, life insurance professionals, investment advisors, and financial planners to prepare appropriate and tax-effective plans for the transfer of assets, asset management, and business succession planning. With the increase in the exempt amount, we assist clients in focusing on non-tax incentives in their estate planning and wealth preservation, including liability concerns, continuity in the transfer of assets, and other client-specific issues.
Throughout the process, we listen carefully to understand, advise and prepare documents to assist in that respect. We counsel clients to consider present and future circumstances. We assist clients in:
Preparing documents such as Trusts, Wills, Powers of Attorney for Healthcare and Financial Matters, and related agreements to manage and preserve their assets during their lifetime and upon their death
Protecting minor children by designating guardians and assisting in the management of assets through Trusts
Coordinating beneficiary designations for retirement plans and life insurance policies
Implementing asset protection strategies
Developing strategies to plan for possible incapacity, meeting asset succession goals, and avoidance of Probate
Planning for the transition of a family business, ranch or farm using tax efficient strategies
Accomplishing charitable goals
Minimizing, deferring, or if possible, eliminating estate, gift and income taxes