Areas of Practice
Understanding the complex gift, estate and income tax rules is just the start. You need someone with the experience and background and the ability to carefully listen to your concerns and understand your particular family and financial situation. Preparing an estate plan will help you to accomplish your goals, protect your assets and provide for your family. Depending on the particular needs of a client, planning options such as Marital "QTIP" Trusts, Generation Skipping Trusts, Charitable Remainder Trusts, Qualified Personal Residence Trusts, Grantor Trusts, Family Limited Partnerships, etc. are just some of the options that may be considered.
wills and trusts
Every estate should have a solid foundation, including a Will or Revocable Living Trust that spells out exactly what will happen to your estate and assets upon death. Considerations include providing for one's spouse, children, grandchildren or other family members, discussion of the trust terms [trust duration, distribution criteria, investment parameters, etc.] as well as advice on the selection of executors, trustees and guardians. All of these are all critical issues which must be considered and implemented by crafting the appropriate estate planning documents.
estate administration and probate
Advising fiduciaries [i.e. executors, trustees and guardians] is a critical role. When you are called upon to administer an estate or trust, you will depend on the advice and consul of an experienced attorney, somebody who can advise you every step of the way, from probating the will, paying or rejecting creditor's claims, preparing the federal and/or state estate tax returns, and providing advice and assistance with the preparation of the estate or trust accounting and ultimate settlement and distribution of the estate or trust.