Estate Planning

A sophisticated estate and family wealth planning practice .

Focusing on maximum conservation and protection of our clients’ estates and related assets – with minimum tax and other adverse consequences.

Administration of trusts & estates.

We handle the administration of trusts, estates and other related family entities, the drafting of wills and estate plans, and the creation of succession plans for privately owned businesses. In all such transactions, our expertise includes sophisticated structuring of alternatives involving taxes, generation-skipping issues and redirection of legal liability risks.

 

Tailored to the individual.

By their nature, our estate planning services are tailored to the individual requirements of each client. Depending upon client needs, our attorneys can counsel on a single estate planning issue or can advise on a broad range of personal and business goals, and implement the steps necessary to achieve them.

 

Minimization of Taxes.

The minimization of taxes is a major objective of our estate planning services. Income taxes, a significant impact on the accumulation and disposition of our personal assets. The Economic Growth and Tax Relief Reconciliation Act of 2001, with its complex changes to the tax code and phasing out of the estate tax and generation-skipping tax, has made such tax considerations even more important for estate planning. We understand the complexities of such a change and make sure our clients are protected.

 

Family Business Owners.

We can be especially helpful to the owners of family businesses. Working with the members of our family law practice, Ross & Shoalmire estate planning attorneys can counsel clients regarding the difficult matters of transfer of ownership or control and resolving liquidity concerns while treating family members equitably. If divorce proceedings complicate the planning for ownership transfer, we have the knowledge and experience to ensure that the business owner’s wishes remain paramount.

 

Effective Estate Planning.

Effective estate planning should be the culmination of a lifetime of hard work and achievement. Ross & Shoalmire estate planning attorneys understand how important an effective wealth transfer strategy is – and know how to represent each client’s unique interests in creating one.