Estate & Tax Planning

Death and tragedy are realities, yet many people have not signed basic documents needed to protect their loved ones and hard-earned assets.

Without proper estate planning, decisions impacting you, your spouse, and your children are made without your input. Don't leave these important decisions to chance. 

Our attorneys take a proactive approach to identify planning issues for you to consider. We work closely with you and your financial advisors to implement a plan that will provide for efficient administration of assets while protecting your family.

We address such critical issues as:
  • Planning for potential incapacitation
  • Estate, gift, and inheritance taxes
  • Business succession
  • Special needs trusts
  • Creative use of life insurance and retirement assets to minimize the potential estate and income tax impact

Wills and trusts are the most common estate planning tools to prepare for disposition of your estate. 

Wills: If you are wondering if you need a will, the answer is probably yes. It is one of the most important documents in life, yet it is often overlooked. 

Trusts: For many people a revocable trust may be the most efficient means of planning for death as well as potential lifetime incapacitation. If you have a trust and your assets are in the trust, you and your loved ones may be spared a time-consuming, expensive, and public probate court proceeding. 

Updates: It is important to revisit and update your estate plan on a regular basis, especially following life-changing events and important developments. These include marriage, divorce, becoming a parent or grandparent, receiving an inheritance, death of a spouse or child, and diagnosis of disease or terminal illness.

I believe there is huge value in meeting clients for the first time in person so I can ask questions, listen attentively, and learn about their goals and concerns. – FWW Attorney Steve Bennett