Wealth strategies to reduce taxes (estate, gift, income and generation skipping); avoid probate; and to preserve wealth while transferring assets to family members and others, including charities.
assisted owner of privately held holding company owning publicly held subsidiary in restructuring company (a) to preserve owner's voting control in a merger resulting in termination of corporate freeze, (b) to transfer large blocks of public shares to children without capital gain and with relatively minimal gift tax, and (c) to virtually eliminate estate tax on owner's stock through use of non-private charitable foundation whose friendly trustees can continue to control company after owner's death while meeting owner's charitable objectives.
assisted clients in multiplying value passing to future generations without any generation-skipping tax while saving estate tax through use of charitable lead trust.
assisted clients in multiplying value passing free of gift tax and generation-skipping tax to children and future generations through use of family limited partnership.
assisted clients in avoiding capital gains tax on low basis asset, diversifying assets and increasing cash flow through use of charitable remainder trust.