Family Transfer Planning

Central to many estate plans is a program of gifting assets from one generation to the next. These gifts may be cash, marketable securities, closely-held stock or real estate. Our estate planning attorneys and paralegals help clients to value the assets being gifted (offering advice on applicable minority or marketability discounts where appropriate) and prepare the necessary federal gift tax returns. We also utilize Generation Skipping Trusts (so-called Dynasty Trusts) as a way of removing funds from the taxable estate of both grantors and their children. A dynasty Trust can also protect a child’s inheritance from divorce or lawsuits.