The
Estate Planning Group of Barrett McNagny offers clients comprehensive estate
planning and administration services. Through personal attention and established
relationships, our attorneys are able to provide clients with professional and
efficient services enabling the client to accumulate wealth and plan for its
orderly and tax-efficient transfer.
The
attorneys of the Estate Planning Group work closely with a client to determine
the client's objectives and individual desires regarding the transfer of their
assets and assist in implementing the best plans to realize those goals. The
Estate Planning Group uses sophisticated tax planning techniques such as credit
shelter trusts, grantor retained annuity trusts, irrevocable life insurance
trusts, qualified personal residence trusts, and family limited partnerships to
minimize the client's estate tax liability and transfer the client's
accumulated wealth to beneficiaries the client has selected in a manner which
the client desires. To achieve these objectives, our attorneys work
closely with the client's individual professional advisors, financial
consultants, accountants, and insurance providers.
The
Estate Planning Group also provides valuable services in the administration of
decedents' estates. Our attorneys frequently assist individuals and entities in
the administration of their duties as personal representatives or trustees,
including providing advice regarding complex tax elections and preparing
federal estate tax returns and and fiduciary income tax.
Fiduciary Services
The
attorneys of the Estate Planning Group provide valuable advisory services to
bank trust departments and trust companies regarding a trustee's fiduciary
duties. These services include interpretation of complex trust agreements and
legal opinions regarding the permitted distributions.
Charitable Giving
Charitable giving can be an extremely useful
tool in the area of estate planning. The attorneys of the Estate Planning Group
offer experience in the area of charitable giving and assist clients in
fulfilling their charitable objectives through the use of a variety of
techniques including charitable remainder trusts, charitable lead trusts, and
private foundations.
