We regularly represent high net worth clients in the areas of estate planning, probate, and estate and trust administration matters. We have handled estates worth hundreds of millions of dollars. This representation often involves consideration of asset protection issues.
We advise clients in all areas of estate planning. We endeavor to structure plans designed to orderly transfer property at death to intended heirs with an effort to minimize tax consequences to all. We utilize the variety of techniques including wills, pour-over wills, revocable trusts, irrevocable trusts, intentionally defective grantor trusts, spousal lifetime access trusts, qualified personal residence trusts, life estates and enhanced life estates, family limited partnerships, family limited liability companies, irrevocable life insurance trusts, charitable remainder unitrusts, grantor retained income and annuity trusts, and gifting.
We advise clients concerning incapacity and guardianships. We often utilize powers of attorney, health care surrogates, health care directives, living wills, pre-need, standby and post need guardians, and living trusts.
We also have experience in establishing guardianships, maintaining them and complying with court reporting requirements. We are regularly involved in all phases of probate and trust administration. We understand the problems and concerns faced by surviving spouses and beneficiaries in this difficult time. We endeavor to handle probate matters and trust administrative matters as expeditiously and sensitively as possible.
We advise our clients regarding estate and gift tax issues and estate and trust income tax issues.
We are also routinely requested to advise or assist our clients in asset protection matters. This type of planning utilizes existing Florida homestead and other exemptions, intentionally defective grantor trusts, bankruptcy vs. non-bankruptcy analyses, methods of holding title, entities and other vehicles for holding assets, and various business structures.
Don Harrell and John Colton focus a large portion of their practices in this area. Jim Burgess also allocates a portion of his practice to this area of law.