In October of 2021, as a result of the largest leak of documents in history, 11.9 million files from over 2.94 terabytes of data were publicly released by the International Consortium of Investigative Journalists [ICIJ].
Fundamental estate planning covers all aspects relating to the transfer of assets at death, as well as ensuring that assets can be managed according to the desires of the client during any period of incapacity. Here at The Burton Law Firm we are passionate about assisting our clients in planning for the future of their estate. Our attorneys are experienced and driven to set down your plans for your assets in a way that will safeguard them for the next generation. Let us help you provide for your beneficiaries.
In advising our clients regarding their estate planning options, we pay close attention to the their desires for transferring their assets in a manner that is most in line with the unique goals they have for their particular families. These goals may include protecting assets from a wayward child, ensuring that assets are preserved for third and fourth generations, leaving assets to charities, and ensuring that precautions are put in place to minimize the eventual costs inherent in taxes and administration of an estate.
The vast majority of our clients receive maximum benefit from utilizing a trust-based estate plan, in which a revocable trust helps to protect an estate from the lengthy and costly state probate process, and preserve the two available federal estate tax exemptions for a married couple. At the most basic level, proper estate planning also includes preparation of durable general powers of attorney and advance health care directives. More advanced techniques include the utilization of irrevocable trusts, grantor retained annuity trusts (GRATs), qualified personal residence trusts (QPRTs), family limited partnerships (FLPs), charitable remainder trusts (CRTs), and irrevocable life insurance trusts (ILITs).
We understand your needs when it comes to planning to pass down your estate. It is of the utmost importance that your wishes are adequately and effectively expressed to ensure that your assets are distributed the way you envisioned. The Burton Law Firm is here to facilitate formulating your trust in the manner you see fit. Our team of estate planning attorneys are ready to assist you today. Contact us to begin discussing your personalized estate planning needs.
Trust, Estates & Probates