Wealth structuring involves the careful arrangement of assets for tax efficiency, asset protection, and wealth preservation. Estate planning encompasses the management and distribution of those assets upon death, often utilizing wealth structuring strategies to ensure the smooth transfer of wealth to heirs or beneficiaries while minimizing tax liabilities.
Here are a few legal services that we offer on these fields:
Wills: A legal document that outlines how an individual's assets will be distributed upon their death.
Trusts: A trust is a legal arrangement where a trustee holds and manages assets for the benefit of one or more beneficiaries. We can help you create a trust that meets your needs and provides for your loved ones.
Powers of Attorney: A legal document that grants someone the authority to act on behalf of another person in making financial and legal decisions.
Advance or Healthcare Directives: A healthcare directive is a legal document that outlines your wishes for medical treatment if you are unable to make decisions for yourself.
Estate Administration: A process of managing and distributing the assets of a deceased person according to their will or state law.
Estate Tax Planning: Strategies designed to minimize the amount of estate taxes paid by an individual's estate.
Charitable Giving & Philanthropic planning: Philanthropic planning involves creating a plan for how you will donate your wealth to charitable organizations. This can include setting up charitable trusts or creating a private foundation.
International wealth structuring: If you have assets in multiple countries, it's important to have a plan in place for how those assets will be managed and transferred. This can involve setting up offshore trusts or creating international tax structures.
Retirement Planning: Strategies for managing retirement accounts and other assets to maximize income and minimize taxes during retirement. It's worth noting that each individual's estate planning needs are unique, and some people may require additional or different services based on their specific circumstances.
