| At Damon Morey, we are keenly aware of the fact that estate planning is a personal and highly individualized matter. We work with the client to identify his or her wishes and goals, obtain family and financial information, and develop the documents that are required to accomplish the client’s objectives.
In addition to designing personalized methods in order to execute a client’s wishes, our goal is to maximize tax benefits (estate, gift, generation skipping and income tax) and to minimize the costs of the ultimate transfer of assets to the client’s beneficiaries. This is accomplished through careful planning throughout a client’s life and effective administration following death. In addition, we offer counsel to personal representatives, trustees and beneficiaries on how to handle estate administration to optimize all tax benefits. Our Business and Corporate attorneys work closely with the Trust and Estate Department to develop succession strategies for small business owners.
We recognize that estate administration can be very intimidating. The attorneys in our estate department explain aspects of the estate plan to the beneficiaries, the personal representative and trustee. In many instances, we will oversee the collection and distribution of assets, record keeping, estate and income tax return preparation, representation of the fiduciary and probate proceedings, and any resulting related litigation. We believe that it is important to assist our clients in recognizing their estate planning options and help them stay aware of changing rules. |
