ESTATE PLANNING SOLUTIONS THAT PROTECT YOUR WEALTH
Estate planning is essential to preserve family wealth and goes beyond just the drafting and execution of a will. In today’s society, a broader approach to estate planning is necessary. Our attorneys formulate and implement long-term solutions to protect your financial security for life while minimizing the tax burden of transferring wealth to the next generation.
AKC Law’s skilled and knowledgeable attorneys use federal, state, and international death tax exemptions to your benefit. We create personalized plans utilizing sophisticated estate planning techniques such as “Q-TIP” marital deduction trusts, “Crummey” trusts, special needs trusts, irrevocable life insurance trusts, generationskipping transfer tax exemptions, private charitable foundations, charitable trusts, limited family partnerships, and limited liability companies.
We handle tax and probate matters for individuals and fiduciaries and counsel executors and trustees. We handle every aspect of estate planning for you, from tax planning to distributions from an estate or trust.
CLOSELY HELD BUSINESS PLANNING
Protecting the wealth represented by a closely held business is a significant part of our trust and estate planning practice. We tailor creative long-term business succession plans to minimize the potentially devastating effect of death taxes on closely held businesses. These plans may include the creation of partnerships, trusts, and other entities and the use of shareholder agreements.