Whether performed as a result of a life-changing event such as marriage, the birth of a child, or the launch of a new business, or done in response to an influx or outflow of new wealth, assets, or responsibilities, estate planning is critical to assuring not only your long-term financial stability, but to giving you peace of mind as well. The professionals at Fuerst Ittleman include experienced attorneys, certified public accountants, and wealth management specialists who can take you through the estate planning process. From identification and optimization of assets, to structuring and implementing the instruments and structures necessary to ensure the success of your estate plan, we are there for you.
We assist clients in conserving, managing and transferring their wealth while minimizing their income, gift, estate and generation-skipping transfer taxes. The wide range of estate planning services we offer our clients includes:
- Preparation of Wills and Trusts
- Preparation of incapacity planning documents including Durable Powers of Attorney, Durable Power of Attorney for Healthcare and Living Wills
- Drafting, funding and administering Irrevocable Life Insurance Trusts
- Incorporation and managing limited partnerships and limited liability companies
- Advising on, and establishing, multi-generational, irrevocable “Dynasty Trusts” and “Intentionally Defective Grantor Trusts”
- Succession planning using intra-family loans and sales involving notes, self-cancelling notes and private annuities
- Preparation and representation of Grantor Retained Trusts (“GRATs”, “GRITs”, and “GRUTs”)
- Preparation of Qualified Domestic Trusts
- Incorporation of Special Needs Trusts for clients with beneficiaries with special needs
- Drafting and strategizing funding options for “Qualified Personal Residence Trusts” (QPRTs)
- Planning of Complex Charitable Lead Trust
- Planning for Charitable Remainder Trusts and capital gains tax deferral
- Creating and managing “Private Foundations” in corporate or trust form, including representation of Foundation members and Directors
- Assisting with beneficiary designation planning for life insurance, IRAs, 401Ks, annuities and other assets
Fuerst Ittleman also is able to dovetail our estate planning services into our other extensive practice offerings. This means that your estate planning can become a coordinated, effective part of your personal or corporate tax planning, and your wealth preservation and asset protection strategies.
We invite you to contact Fuerst Ittleman today for a free consultation. Let us show you how important, yet how effortless, estate planning can be when you have experienced professionals working on your behalf. Please contact us for an initial consultation.
