Los Angeles Estate Tax Planning Lawyers
Attorneys Minimizing Tax Consequences Through Smart Estate Planning
At the Law Office of Hugh Duff Robertson P.C., clients know that estate planning is a smart way to save money, taxes and allow beneficiaries to avoid probate. Our Los Angeles law firm helps them do this by giving the time to listen to our clients and talking with them in plain English not legalese to help them understand their rights, achieve their goals and prepare the necessary documents.
Often, we suggest a number of ways that our clients can minimize the inheritance tax consequences to themselves and their beneficiaries by using smart estate planning tools. Because each client's situation is unique, not every strategy works for every person. Many of our clients find success with the estate tax planning strategies listed below.
- Spousal trust planning: Trying to keep the surviving spouse's income and assets protected, spouse trusts can be a valuable tool to preserve family assets for a spouse's benefit while ensuring that the giver's wishes are carried at the surviving spouse's death.
- Charitable trusts
- Family limited partnerships: If you are a family business owner, creation of a family limited partnership may be part of a good estate tax planning strategy. Family limited partnerships can be good ways for parents to make gifts to their children and gain tax benefits.
- Generation-skipping transfers: A generation-skipping transfer uses trusts to skip the payment of taxes without skipping the benefits of the estate to the next generation.
Our law firm also helps with other estate tax planning strategies, like retirement planning, life insurance trusts, spousal protection planning and disclaimer planning. We understand that your needs are unique. We will design a strategy that best works to achieve your goals.
Contact the Law Office of Hugh Duff Robertson P.C.
The best way to find out which estate planning strategy works best for you and your family is to talk about your options with an attorney. To schedule a consultation with the lawyers at the Law Office of Hugh Duff Robertson P.C., call us at 888.571.2822 or complete our online form.