If you wish to create a new trust or update an existing estate plan you will need skill and expertise across many separate disciplines: tax, estate planning and legal services. These disciplines are seamlessly integrated at Allen Barron to provide a much more comprehensive level of insight and advice at every step of the way.
Are your concerns limited to protecting your home and family, or is your investment and business portfolio more international in scope and flavor? There are risks associated with international business ownership and offshore investment and the experts at Allen Barron provide insightful analysis and expert counsel while leveraging economies of scale.
There are several reasons to create a new trust or update an existing estate plan based upon the changes we’ve all experienced in the past several months alone. These include but are not limited to:
- Moving exemptions between separate trusts
- Analyzing the benefit of existing trusts
- Changes in federal or state laws and tax code (such as cuts in IRS budget and staffing, as well as the potential sunset of critical components of the TCJA)
- Changes in family relationships and dynamics
- Health concerns or challenges in the lives of the grantors or the beneficiaries
- Provision for special needs
- Significant increase or decrease in the value of property or assets
Every family, individual and situation is completely different. Our experienced estate planning, tax and trust attorneys provide a comprehensive review of existing trust and estate planning documents and explain them to you. We analyze your goals and walk you comfortably through an analysis of your family, beneficiaries and the causes you care so deeply about.
Our tax attorneys review the impact of taxation across the breadth of your portfolio or the impact of probate upon unprotected assets such as the family home or a business. Small business owners value the security of knowing an effective business succession plan is in place to protect ongoing company operations while the next generation prepares to take the reins or a new management team is in place.
It doesn’t matter if you simply own your own home in California, or manage multiple investment or business assets here in the United States or around the world.
These are changing times and they require a keen attention to all assets and investments – foreign and domestic. If you would like to create a new trust or update an existing estate plan or business succession plan we invite you to learn more about the integrated tax, legal, accounting and business consulting services of Allen Barron and contact us or call today to schedule a free consultation at 866-631-3470.
