Our estate planning attorneys take pride in their ability to assist individuals and families in transferring their wealth in a manner that accomplishes their important personal goals while minimizing taxes. Hanson Baker attorneys have extensive experience providing creative solutions that address unique circumstances.
In addition to Wills, Trust and Probate representation, we handle the legal aspects of all kinds of transitions to support our clients’ businesses and families. Hanson Baker creates business succession plans to reduce estate tax liability while ensuring business continuity, guardianships to protect and provide for the young and disabled, and prenuptial agreements negotiated to ensure fair distribution of assets in both marital and non-marital relationships.
Executing an estate can be a legally and emotionally intensive process. It’s important to have an attorney who understands a your individual goals and circumstances in order to structure estate plans, prepare tax returns, and negotiate the settlement of claims against the estate. Our experience includes successfully defending an estate against an audit to secure six-figure tax savings for the client.
Our Estate Planning and Probate attorneys have represented many individuals, couples and families with multi-million dollar estates in the preparation of appropriate documents that provide for their children and maximize the amount of assets they can ultimately transfer free of estate tax.
Among our many strategies for achieving clients’ goals is establishing limited liability companies (LLCs) to hold and manage real estate investments, along with gifting and transition plans to take advantage of available discounts in value to reduce estate tax exposure. We represent individuals in establishing irrevocable living trusts for educational and other purposes, which enable them to exert greater control over the use of the funds than would otherwise be available with Uniform Transfer to Minors Act gifts. As needed to assist with specific situations, we create special needs trusts, revocable living trusts, By Pass trusts and more, considering both tax and personal management issues.