Our firm has extensive expertise in the estate planning area. Our lawyers practice in all areas of personal succession, business succession, insurance and asset protection planning. Thus we are able to provide a full range of expert estate planning services at a very reasonable cost to individuals and families who have "typical" assets and family goals as well as to the business owner who has assets that include a family business and consequently difficult transfer and succession tax issues. We also have several lawyers who specialize in the charitable aspect of estate planning and can assist in integrating charitable giving into a client's estate plan to achieve tax savings and to fulfill the client's philanthropic objectives. Our lawyers work with accountants, financial planners and other advisors to develop and implement comprehensive strategies to achieve our clients' diverse goals.
Business succession planning includes numerous techniques of passing control and ownership of a business from one owner or group of owners to the next generation of owners. Many of our business estate planning clients own "family" businesses where proper planning can affect the financial welfare of several generations. A proper plan is essential to the continued financial stability of a family business. The tax laws involved in this area of planning are numerous and complicated and require expert analysis.
Insurance planning includes the difficult issues of identifying insurance needs and structuring life insurance ownership to meet those needs. Our lawyers, in addition to assisting and advising the client on insurance issues, have a wide range of experts to draw upon to consult with the client.
Asset protection planning is a diverse area of estate planning. Family limited partnerships and limited liability companies can be used to protect a client's assets from spurious lifetime claims and liabilities and to assist in the transfer of those assets to a younger generation.
Our extensive experience in charitable estate planning encompasses the spectrum from outright gifts to the many charitable planned gifts and deferred giving options now available under current tax laws. This planning enables a client to make meaningful lifetime or testamentary gifts to selected charities while enjoying the resulting personal and tax benefits. Our experience in this area has allowed us to serve on many local foundations and to represent a number of local charities.
Estate planning is a complex area that often involves many related areas of the law. Our clients frequently face complicated real estate, tax, corporate and pension planning issues that have an significant impact on their estate plans. The skills of our estate planners and their ability to draw upon the expertise of specialists in other departments of our firm ensure that our clients will have a comprehensive, effective estate plan to meet their particular needs and wishes.