A successful wealth transfer strategy transfers wealth, or an opportunity to acquire wealth, in a way that minimizes the gift or estate tax consequences of such a transfer, thereby maximizing the benefits of the transfer.
At BSLF, we are dedicated exclusively to assisting individuals and families with sophisticated matters pertaining to their wealth and assets. We consider wealth transfer strategies to be long-term projects for our firm. Our attorneys will work with you over the course of your lifetime to help you create, implement, and maintain a plan that accomplishes your goals and preserves your assets for future generations.
Gift Tax Planning — Cutting Through the Complexities
The primary objective of our wealth transfer strategies is to minimize or avoid estate and gift taxes. For this reason, it is imperative to have an attorney who is well versed in both estate planning and tax law matters.
Our lawyers have the knowledge and experience to advise clients on a wide range of wealth transfer strategies. Some of the techniques we may employ, depending on your situation, include:
- Installment sales
- Planning with generation-skipping trusts
- Grantor retained annuity trusts
- Qualified personal residence trusts
- Charitable lead annuity trusts
- Charitable remainder trusts
- Intra-family loans