The Estate Planning and Administration Group
of Knox McLaughlin Gornall & Sennett, P.C. is highly
experienced in the development of estate plans and the
administration of estates. Our attorneys have the diverse
knowledge necessary to create anything from a basic will to
the most sophisticated business succession plan. When the
time comes to administer a plan, our attorneys work with an
experienced support staff to produce the best possible
results.
Our primary estate planning goal is to develop strategies
that maximize asset protection and wealth preservation for
clients and their heirs. We listen carefully, understand
thoroughly and then strive to create estate plans that fulfill
our clients' personal desires, family needs, business interests
and philanthropic goals with the lowest possible tax cost. We
consult with certified public accountants, corporate
fiduciaries, insurance consultants and investment advisers to
assure comprehensive solutions to each client's unique needs.
Regardless of the situation, the administration of an estate or
trust can be emotional and confusing. Our attorneys and
paralegals work closely with families to ensure that the wishes
of their loved ones are fulfilled.
Basic Estate Planning
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Simple Wills |
|
Wills establishing trusts for minor children
|
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Durable Powers of Attorney |
|
Healthcare Powers of Attorney and Living
Wills |
|
Standby Guardianships |
Complex Estate Planning
|
Wills and testamentary trusts
|
|
Revocable and irrevocable trusts, including
GRATs and GRUTs |
|
Charitable remainder trusts and annuities
|
|
Special needs trusts for beneficiaries
unable to care for themselves |
|
Asset protection plans |
|
Federal estate tax and generation skipping
transfer tax plans which utilize: |
| |
|
Family gifting programs |
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Corporations, limited partnerships,
limited liability companies and other business entities |
|
Qualified plans, individual retirement
accounts, and other tax deferred assets |
|
Disability Planning
Maximizing the level of benefits clients receive from
the federal and state government while preserving their assets
through use of:
|
Nursing
home/medical assistance asset protection plans |
|
Special needs
trusts |
Business Succession Planning
Enabling the transfer of a family business to the next generation
at the lowest possible tax cost through the use of:
|
Wills, testamentary trusts,
and revocable, irrevocable and grantor trusts |
|
Corporations, limited partnerships, limited
liability companies and other business entities |
|
Buy/sell shareholder
agreements, installment sales |
|
Complex gifting plans including voting
and non-voting stock |
|
Charitable gifting |
|
Irrevocable life insurance
trusts |
|
