The attorneys at McEwen Gisvold have a well-established and active estate planning practice.
Our strategic counseling helps clients minimize estate taxes and maximize control and flexibility of assets during their lifetime and during the disposition of the estate.
OUR SERVICES INCLUDE ASSISTING CLIENTS IN ESTABLISHING:
Family programs for annual giving
Revocable or living trusts, including pour-over wills and credit shelter trust provisions
Irrevocable life insurance trusts (ILITs), for clients to receive and administer life insurance proceeds
Grantor retained interest trusts (GRITs), grantor retained annuity trusts (GRATs) and grantor retained unitrusts (GRUTs), to transfer property from one generation to the next, while allowing grantors to receive income from the assets during their lifetime
Qualified personal residence trusts (QPRTs), to transfer residences to the next generation, while allowing grantors to continue living in their current residence
Education trusts, to allow for lifetime and testamentary dispositions towards children’s and grandchildren’s education expenses
Charitable remainder unitrusts (CRUTs), charitable remainder annuity trusts (CRATs), and charitable lead trusts (CLUTs/CLATs), to transfer property or income interests to qualified charities while retaining certain rights in the gifted property
Family limited partnerships and limited liability companies, as a way to isolate potential liability with respect to certain assets, make dispositions of fractional interests in such assets to a younger generation, allow continued management control of the assets during the client’s lifetime, and provide for continued family ownership and management of the assets
Tax-exempt charitable family foundations, to make lifetime and testamentary deductible charitable bequests and establish a charitable family legacy that can be managed by future generations
WE ALSO SERVE INDIVIDUALS & FAMILIES IN THE PREPARATION & HANDLING OF:
Long-term financial security and healthcare needs
Simple and complex wills, including guardianships and trust provisions, generation-skipping transfers, and charitable gifts
Durable powers of attorney and healthcare advance directives