Estate Planning & Wealth Management

Experience

  • Family Asset Preservation Vehicles

    Represent families with significant wealth to seamlessly accomplish estate and trust planning, asset preservation and succession planning through family limited partnerships or limited liability

  • Life Insurance + Generational Tax

    Assist in preparation of wills with advanced tax planning provisions using generation skipping trusts and defective grantor trusts and irrevocable life insurance trusts, along with ancillary estate

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Overview

High net worth individuals, entrepreneurs and their families often encounter situations that require sophisticated estate and succession planning. At Munsch Hart, our goal is to preserve business and investment assets for owners and their heirs by integrating custom estate plans into their overall personal and professional objectives. Throughout the plan development process, our attorneys take into consideration special assets such as closely-held businesses, partnerships, limited liability companies, real estate, life insurance and retirement plan distributions. We also help you define and protect your legacy with effective succession planning through the development of wills, trusts and the designation of successors.

Our estate planning and asset preservation services include the following: 

  • Asset preservation
  • Estate planning and administration
  • Lifetime gift planning and charitable donations
  • Probate and administration of estates
  • Probate, trust and fiduciary litigation
  • Federal estate, gift and generation skipping taxes
  • Succession planning
  • Trust and estate administration
  • Trust and estate planning
  • Wills and ancillary documents, such as financial and medical powers of attorney

We counsel on the most sensitive personal family tax issues, from those involving marital disputes and succession planning to executive compensation and retirement plans. Our attorneys routinely help clients transfer significant wealth to their families without undue tax cost. We work with each client to structure a personalized estate plan that achieves the family’s estate planning goals with sufficient flexibility for changes in circumstance. We also advise clients on asset protection strategies, family private foundations and structures for gifts and bequests to public charities. And, when necessary, we represent clients in adversarial proceedings with the Internal Revenue Service.

Why We're Different

Our team understands that knowing the law is only one piece of the puzzle. After developing a comprehensive understanding of your needs and goals, our team will work alongside you and your family to develop and implement a plan that achieves your objective for today and for generations to come.

Our Estate Planning Group advises clients on:

  • Formulating wealth transfer strategies that use creative, individualized lifetime vehicles to minimize income, estate, gift, and generation-skipping taxes as well achieve personal and family goals for clients from a variety of backgrounds, family situations, with varied succession planning concerns and goals in a comprehensive estate plan 
  • Preparing wills and other estate planning documents, including general powers of attorney, designations of guardian, directives to physicians (“living wills”) and powers of attorney relating to health care decisions
  • Lifetime revocable and irrevocable trusts that make tax-efficient gifts and facilitate asset management 
  • Charitable lifetime and testamentary gifts, including the establishment of private foundations, charitable trusts and endowments
  • Represent executors in larger probate proceedings, preparing court filings and assisting executors with administration of the probate estate in accordance with the provisions of the will and state law fiduciary duties
  • Advise clients on probate litigation, including assistance with creditors’ claims, will contests, will and trust construction, termination of trusts, resignation or removal of trustees and litigation arising out of the administration of estates and trusts
  • Represent clients in tax-related proceedings with the IRS and in obtaining IRS rulings on unsettled tax issues relating to trusts, estates and generation-skipping tax 
  • Advise corporations, family-held companies, and business executives on estate planning fringe benefits, including guidance on existing wills, asset valuation, proper insurance and employee benefit beneficiary designations and estate planning documents necessary to accomplish corporate executive’s goals