Trusts + Estates
When considering your financial future - and the value of your legacy - there's nothing more important than planning. That's why we're proud to provide business owners and individuals with sophisticated, affordable estate planning services that address your specific needs while minimizing estate tax liabilities.
Each situation is unique. We always start by listening to you and helping you identify and refine your goals and objectives. We try to develop not only the financial and tax aspects of your estate, but something that is often far more critical and sometimes overlooked in the process - the family dynamics. Many estate plan structures may work well from a tax and financial standpoint, but can result in family destruction because not enough attention was paid to how the children and grandchildren relate to each other and how they would react after you are gone. Solid estate planning is not a theoretical intellectual exercise - it must be grounded in the realities of every day life and personal relationships.
Once we have helped you identify both the tax and financial issues and family dynamics in your unique situation, we will work with you to put together the proper paperwork to achieve your goals. If you have retained other professionals, such as a financial advisor, accountant or insurance agent, we will work together with them as a team to help you achieve your goals.
We also have a special concentration on estate planning for non-U.S. citizens.
Some of the types of documents we prepare include:
- Wills
- Including outright distribution wills and more complex estate tax-sensitive wills
- Trusts
- Lifetime and testamentary charitable trusts
- Grantor retained annuity and unitrusts
- Special needs trusts
- Personal residence trusts
- Life insurance trusts
- Durable powers of attorney
- Health care proxies and living wills
When a person does pass on, we stand ready to assist the family with probate and administration of the estate - helping to implement the provisions of the will and trusts, distribute the assets and preparing any estate and inheritance tax returns that may be required.
Business Life Cycle PlanningSM
Falcon + Singer looks at the closely held business owner holistically. Like an individual, a closely-held business has a life cycle, from inception through maturity to the eventual passing of the torch to the next generation. Since we have the capacity to assist the client - not only on the business side, but in succession planning and estate planning as well - we can address all of these issues simultaneously, to make sure that all of the pieces of the puzzle fit together and work well. We call this Business Life Cycle Planning.