A
central concern for our clients is security - security for themselves as they
age, security for their family if they were to die, security in the knowledge
that they have minimized taxation to the greatest extent possible. We meet
these concerns by offering innovative solutions to the personal financial needs
of our clients and their families.
We are ready to offer customized advice and recommendations to our clients no
matter their stage of life or amount of means. A younger client who is
still accumulating wealth may be concerned about providing appropriately for
minor children through the creation of a will with trusts that delay
distributions until an appropriate age. As a client ages, they may see
that their children have different needs and may want to provide for those
children in a manner that best meets those needs. That same client may have
parents who are aging and may have concerns about how their parents long term
care will be financed. An older client is concerned about continuing to
fund their lifestyle as they age, and transferring their to their children
with minimal tax consequences.
Our attorneys are skilled at protecting a client's assets from whatever is
the most pressing potential drain on their finances, whether it be estate taxes,
the cost of long term care, or the threat of litigation. We recommend
strategies using a combination of asset transfers, trusts (domestic and foreign)
and the creation of limited liability companies to meet a clients individual
needs.
We invite you to explore the Practice Areas within the department in more
detail to see how we may be able to assist you in your personal situation.
If you would like to discuss your situation with us in detail, please contact Henry
H. Fein or
Deirdre R. Wheatley-Liss,
Managing Shareholders of the Tax, Trusts and Estates and Elder Law
Department.
