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David Reich
Raymond Saunders
Robert Schlossberg
The process of planning for the accumulation, conservation and ultimate distribution of wealth is a specialty of Lawrence Kamin. Our estate planning and trust and estate administration serve clients who have accumulated substantial wealth and wish to ensure a long and satisfying retirement, but also to preserve wealth within their family unit or carry out charitable wishes. Our experienced attorneys are well-versed in the best ways to minimize tax liabilities when transferring wealth on to the next generation. Many of our clients own family businesses, and we regularly advise on business succession, the transfer of these family businesses to younger generations.
Lawrence Kamin attorneys routinely counsel clients in comprehensive estate planning issues, including:
Having a carefully prepared will is just the first step in creating a thorough estate plan.
Trusts can ensure financial privacy, anticipate a client’s wishes if incapacitated, avoid probate, reduce estate taxes, control the transfer of assets to heirs and protect the estate from creditors. Even owning life insurance through a trust can protect the proceeds from estate taxes, if structured properly.
How you structure your estate plan determines if your estate will go through probate a sometimes time-consuming and expensive process of distribution.
Complex rules and high federal and state estate tax rates make tax planning an important part of our estate planning services. Lawrence Kamin estate planning attorneys can help clients and their heirs avoid undue tax burdens.
Whether clients want to support favorite charities or make a gift to loved ones, a properly structured gifting program can reduce future estate tax burdens and may even reduce current income liability.
Trusts, living wills and powers of appointment are different ways to ensure your health care and property disbursement wishes are carried out in the event of your disability.
Succession Planning
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