Young families, executives, business owners, wealthy families, parents of children with special needs, and the elderly each have unique needs in connection with planning for the future for themselves and their loved ones. There are many factors that go into developing a suitable estate plan, including the current and future needs of the person creating the estate plan, the needs of a spouse and descendants, estate and gift tax minimization, charitable gifting, business succession planning, and avoidance of probate. There is no such thing as an off-the-shelf estate plan that meets every clients’ goals.
Our experienced estate planning attorneys take the time to understand each person’s unique situation, goals and assets to develop a custom plan to meet the individuals needs and concerns. Our clients range from young families to family offices with multi-generational wealth. Whether you are in need of a traditional estate plan involving wills, revocable trusts and powers of attorney, or a more complex plan involving one of the multitude of trust options available and succession planning, our attorneys meet with their clients to gain a personal understanding of your unique needs and objectives before making any recommendations. We also have extensive experience in estate and trust administration and complex litigation matters. We also work closely with business owners to establish a tax efficient succession plan to help the family business succeed after the founder is gone. Among other matters, Levun, Goodman & Cohen regularly advises individuals in matters involving:
- Asset Planning – Wills and Revocable Trusts
- Charitable Trusts
- Defective Grantor Trusts
- Special Needs Planning and Trusts
- Probate Estate and Trust Administration
- Trust Accounting
- Preparation of Federal Estate Tax Returns (Form 706) and Gift Tax Returns (Form 709)
- Estate Tax Minimization and Wealth Transfer
- Generation-Skipping Planning
- Wealth Transfer, Succession Planning and Planned Gifting
- Grantor Retained Annuity Trusts and Other Charitable Trusts
- Irrevocable Trusts
- Life Insurance Trusts and Insurance Reviews
- Qualified Personal Residence Trust
- Powers of Attorney
- Private Foundations
- Custom Beneficiary Designation and Asset Retitling
