Estate Planning

In these uncertain times it is critical that everyone have a plan to pass family wealth to the next generation.  We can advise you on the use of such planning tools as family limited partnerships, charitable trusts, personal residence trusts and irrevocable life insurance trusts.  Whether you need the advice of an attorney or a CPA we are available to help you ensure the next generation is provide for.

If you would like to make gifts of property or cash to your family, we are able to guide you and structure the transfer to eliminate or minimize estate and gift tax.

The generation skipping transfer tax can drastically increase the bite the government takes from your family.  In some cases the tax can actually be more than the amount of the gift. We can advise you in the complex area.

If you need trusts, partnership agreements or other legal services please contact our affiliated law firm Lerner, Veit, & Stanaland www.lernerveit.com.