"Anyone may arrange his affairs so that his taxes shall be as low as possible,” federal appeals court Judge Hand famously wrote in 1934. “[H]e is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes.”
Proper estate planning does exactly what Judge Hand promises. It allows you to take personal control over your estate, determining how your assets are handled during your life and distributed after your death.
A sound estate plan eliminates unwanted government involvement and minimizes the potential for disputes among heirs and beneficiaries. In short, it provides peace of mind.
EXPERIENCE AS TRUSTED ADVISORS
Foster Swift’s estate planning attorneys have decades of experience drafting estate plans, including:
- Foundational Estate plans, consisting of a will, revocable trust, and powers of attorney for medical and financial decisions
- Estate Tax Planning Trusts
- Marital Deduction and Qualified Termination Interest Property Trusts
- Irrevocable Life Insurance Trusts
- Grantor Retained Annuity Trusts
- Special Needs Trusts
- Charitable Trusts
- Pet Trusts
- Family LLC’s , Intentionally Defective Irrevocable Trusts and other Gift Leveraging Tools
- Business Succession Planning
- Estate and Trust Administration
Each plan is tailored to the individual needs of our diverse clientele. This includes the young family just beginning their life together to the affluent, well-established business executive concerned with the succession of the family business.
Whether the estate is simple or complex, the goal of the estate plan is the same: to achieve personal and family objectives and to minimize tax liability.
REPRESENTATIVE EXPERIENCE
Analyses for Estate, Gift and Income Tax Savings
Developed Business Entities and Funding of a Grantor Retained Annuity Trust
Protected an elderly widow from exploitation by deceptive neighbors who attempted to gain control of her assets
Developed, Drafted and Implemented Estate Plan
Represented Clients in Formation of Charitable Remainder Trust
Successfully defended trustee in probate court litigation against a disgruntled sibling's allegations
Drafted Special Needs Discretionary Trust
Created First Conservation Easement of Resort Lake
Complex Generation-Skipping Trust with Advanced Incentive Provisions
Creation of Complex Client Estate Plans
Substantial Federal and State Income Tax Savings Achieved
