Our Best Lawyers Tier 1-ranked Estate Planning and Administration Group provides estate, gift, and income tax advice, as well as a full range of estate and trust administration services.
We counsel individuals, business owners, and corporate executives on all aspects of tax and estate planning. We also advise charitable organizations and fiduciaries of estates and trusts. Many of our entertainment, advertising and corporate clients take advantage of our estate planning services, and we have developed particular expertise in formulating estate plans for authors, performers, artists, celebrities, media executives and entrepreneurs.
We formulate estate plans, including the preparation of wills and trusts, and help clients coordinate their tax and personal planning objectives.
Children and Grandchildren
We counsel clients on tax-advantaged vehicles that can benefit children and grandchildren, including trusts, custodian accounts, and college savings plans.
We design tax-advantaged gifting strategies, such as grantor retained annuity trusts, qualified personal residence trusts, and family limited partnerships.
We advise on life insurance planning, including the creation, funding and proper administration of irrevocable life insurance trusts.
We assist clients in structuring tax-efficient plans for distributing retirement assets, including IRAs, pensions and profit-sharing plans, deferred compensation, executive compensation, and other benefits.
We guide business owners in planning for orderly and tax-advantaged succession planning.
We negotiate and structure buy-sell agreements among business partners using life insurance and other innovative financing.
We create vehicles for charitable giving, including charitable trusts and private foundations, and counsel clients in complying with state and federal tax, registration and other regulations.
Estate and Trust Administration
We manage all phases of estate and trust administration, including probate, asset collection and distribution, preparation of estate tax returns, and settlement of accounts.
We help beneficiaries and fiduciaries resolve estate controversies, including will and trust disputes; and we handle estate litigations and probate contests.
Tax Audits and Controversies
We represent our clients in tax audits, and in preparing tax positions, protests, and appeals.
Special Entertainment Industry Client Benefits
In addition to the services outlined above, our media and entertainment industry clients derive special benefits from our expertise in copyrights, trademarks, publicity rights, and other intellectual property assets:
Intellectual Property Control
We assist in the formation of business entities that centralize control of entertainment-based intellectual property rights and yield tax benefits to heirs.
We help artists and other creators of intellectual property terminate grants of copyright and recapture those rights for further exploitation.
We advise clients on the selection of fiduciaries capable of capitalizing on intellectual property assets.