Clients who have acquired substantial wealth face additional estate planning hurdles. Property owners have added liability from lawsuits and creditor claims. Wealthy families may confront potentially higher transfer taxes. Owners of highly appreciated assets may be concerned about capital gains taxes. Finally, owners of wealth may want to reduce the size of their estate for tax purposes, but not surrender control and enjoyment of their assets.
Our office helps high-net-worth clients by providing solutions to these and other issues. Some specific issues we have advised clients on in the past include:
Family business entities
Gifting, including charitable giving and exclusion gifts
Gifting to irrevocable trusts
Advanced estate tax planning using grantor retained annuity trusts and defective grantor trusts
Installment sales and intra-family loans
If you feel that we could help in your situation, or if you have further questions, please contact our Menlo Park Law Office today to start a conversation.
