Unless consumed, one’s assets will be transferred during life or at death. This prospect has current and future interpersonal and economic consequences for the asset owner and the asset owner’s family. There are many objectives to consider with the transfer of one’s assets including financial security of a surviving spouse, education and support of children and grandchildren, protection of the transferred assets from (domestic and other) creditors of the transferee, professional asset management, support for charitable endeavors, and minimization of income, gift and estate tax consequences of the transfer to both the transferor and the transferee.
We use simple and complex estate planning techniques to craft custom plans that address each client’s situation. Estate planning services include:
As a critical part of estate planning, our attorneys determine what title changes to assets should be made and determine what beneficiary designations for life insurance and retirement accounts are necessary to meet family and financial objectives. Furthermore when a family owned business is involved, the estate plan must also be coordinated with the business succession plan. Our attorneys are skilled at helping individuals examine their unique combination of assets and circumstances to ascertain their goals and objectives for the transfer of their assets. Our estate planning service and wealth transfer plans effectively and efficiently transfer wealth in a manner that is desirable and meets all of the needs of our clients.