Succession Planning

We provide sophisticated tax and succession planning. Our strategies include planning for closely-held businesses, estate and gift tax valuation discounts, use of family limited partnerships, family limited liability companies, and irrevocable life insurance trusts; charitable giving strategies such as foundations, charitable remainder unitrusts, charitable remainder annuity trusts, charitable lead annuity trusts, charitable lead unitrusts; use of qualified personal residence trusts, creditor protection devices, grantor retained annuity trusts and sales to intentionally defective grantor trusts among others. These techniques can provide tax savings and a stream of income, among other benefits. You may know about some of these ideas by their acronyms: FLP, LLC, LP, ILIT, CRAT, CLAT, GRAT, GRUT, QPRT, IDIT.
 

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