Representative Matters

Estate Planning for Real Estate Assets

•Wealth transfer strategies during lifetime and at death, taking full advantage of strategic valuation from fair market value

•Utilizing irrevocable trusts and LLCs to transfer wealth to younger generations

•Forming and administering charitable entities

•Planning with “defective” grantor trusts

•Collaboration with appraisers, accountants, and advisors

•Preparing estate plans to insure continuity of family business ownership and control

•Liquidity planning with life insurance to avoid unnecessary sales of closely held assets at death

•Formation of GRATs, CRATs, QPRTs and other special trusts

•Plans for special needs children and non-traditional families

•Fiduciary & family office services; including professional trusteeship, full fiduciary investment management, master custody of assets, cash management and investment manager oversight by fiduciaries, and financial concierge services

Entrepreneurs and Owners

Estate plans for entrepreneurs and owners of operating businesses and real estate enterprises.

Minority Owner of Family-Held Manufacturing Company

Estate administration for minority owner of family-held manufacturing company, including valuation of business and real estate entities, planning for payment of taxes in installments and negotiations among family members regarding possible sale of the minority share.

Division of Trusts

Division of trusts to create sub-trusts wholly exempt from generation-skipping transfer (“GST”) tax.

Estate Plans

Estate plans for investment entrepreneurs including VC’s, private equity and hedge fund principals and managers.

Grantor Retained Annuity Trusts

Creation and funding of Grantor Retained Annuity Trusts (“GRATs”) to hold: interests in publicly-traded companies, closely-held business interests, commercial real estate interests.

Sales and Gifts to Long-Term Trusts

Sales and gifts to long-term trusts, taking advantage of exemptions from the gift and generation-skipping transfer tax, including transfers to trusts which are ‘defective’ for income tax purposes.

Retirement Asset Planning

Retirement asset planning involving complex beneficiary designations and post-death planning involving trusts, as well as charitable uses of such assets.

Ownership of Substantial Life Insurance Policies

Planning for ownership of substantial life insurance policies by irrevocable trusts and other arrangements.

Family Limited Partnerships and Limited Liability Companies

Creation of family limited partnerships and limited liability companies as vehicles to preserve family assets for future generations.

Qualified Personal Residence Trusts

Preparation of Qualified Personal Residence Trusts (“QPRTs”) to hold valuable primary and vacation residences.

Negotiation of Sophisticated Gift Agreements and Preparation of Estate Plans

Negotiation of sophisticated gift agreements and preparation of estate plans involving major charitable dispositions.

Tax Court Litigation Involving IRS

Favorable settlement of Tax Court litigation involving IRS disallowance of substantial valuation discount for interest in family limited partnership for estate tax purposes.

Qualified Disclaimers

Use of qualified disclaimers to equalize estate taxes on successive deaths of a wealthy couple.