Estate & Asset Protection Planning
GSH’s Estate & Asset Protection Planning Group attorneys are well versed in all areas of estate planning, including: wills, revocable (living) trusts, durable powers of attorney, healthcare powers of attorney, guardianships, executor services, prenuptial and postnuptial marital property agreements, probate, trust and estate administration, charitable trusts, dynasty trusts, irrevocable life insurance trusts, qualified personal residence trusts, family limited partnerships, grantor retained annuity trusts, intentionally defective trusts, conservation easements, special needs and supplemental needs trust and other complex trust and planning tools. Our attorneys are also skilled in developing business succession plans for family owned and closely held business owners that are both tax efficient and economically viable to the buyers and sellers.
Group attorneys work with individuals to establish an estate plan that is tailor made to the specific needs of the client and sensitive to each individual situation. Our attorneys understand the personal and sensitive nature of estate planning and work diligently to provide the highest levels of customer care and prudent follow-up services.
Benefits of having an estate plan:
- Minimize your exposure to federal and state taxes.
- Avoiding probate to the greatest extent possible.
- Maintaining privacy with regard to your property.
- Estate and income tax savings.
- Creditor protection in certain instances.
- Prudent and secure asset transitions, including to minor children or grandchildren.
- Cost-effective, tax efficient charitable giving.
- Input into guardianship issues, should they become relevant.
- Manage and protect family wealth.
Who would benefit most from an estate plan:
- You have minor children.
- Your total net worth exceeds $2 million.
- You own a business.
- You own real estate or other property in multiple states or countries.
- You have recently been divorced or remarried.
- You or your spouse has children from a previous marriage.
- You own highly appreciated assets.
- You have charitable aspirations.
- You have a child or other beneficiaries with special needs.
- You are a business or professional with significant liability exposure (e.g. doctor, lawyer, dentist).
