Preserving Wealth

Business owners, real estate owners, senior executives, high net worth individuals, physicians and others frequently require specialized assistance to effectively preserve, and plan for the distribution and transition of, their significant assets and wealth. We help our clients preserve wealth for the next generation, protect their beneficiaries, avoid or help mitigate the taxable effects of various activities, accomplish effective generational transfers, and facilitate charitable gifting. Specifically, we help our clients by:

  • Assisting with business and asset transition planning, including the use of buy/sell agreements and other tax-effective mechanisms such as sales to intentionally defective grantor trusts
  • Planning for generation-skipping transfers and creating descendant trusts, including dynasty trusts
  • Developing tax-efficient gifting strategies for the transfer of wealth, including the use of grantor retained annuity trusts and qualified personal residence trusts
  • Developing and implementing asset protection strategies
  • Counseling on the formation and operation of family limited partnerships
  • Creating charitable giving strategies, including the use of charitable remainder trusts and charitable lead trusts, and advising on the formation and operation of private foundations