Planning To Preserve Your Legacy
Osborne & Osborne, P.A., is a full-service, estate planning firm, and our wills and trusts attorneys and their staff are dedicated to providing excellent legal service and comprehensive counsel to clients. When coupled with their compassion and understanding of the emotional issues surrounding such personal planning, our attorneys’ proficiency and expertise in this complex area allow our Wills and Trusts attorneys to deliver an unparalleled level of personalized service.
Given the uncertainties of the federal estate and gift tax in the future, our Wills and Trust attorneys often utilize alternative planning techniques for high-net worth individuals and families, particularly those who own businesses. Families with young children have unique concerns, such as ensuring the maintenance of the family’s standard of living and the proper care of minor children in the event one or both parents become ill or disabled or prematurely die.
Our ability to identify and address unique issues is what makes the wills and trust attorneys at Osborne & Osborne, P.A., unrivaled. While a fundamental estate plan should include a will, a durable power of attorney, health care directives, and sometimes a revocable trust, estate plans that require more comprehensive and sophisticated planning can often include the following:
- Irrevocable life insurance trusts (ILITs)
- Dynasty trusts, to pass wealth to future generations
- Irrevocable trusts, including education trusts
- Qualified personal residence trusts (QPRTs)
- Grantor-retained annuity trusts (GRATs)
- Intentionally defective grantor trusts (IDGTs)
- Charitable remainder trusts (CRATs, CRUTs, and NIMCRUTs)
- Charitable lead trusts (CLATs and CLUTs)
- Special needs trusts (SNTs), first-party or third-party
- Private and charitable foundations, in either corporate or trust form
- Asset protection planning
- Limited liability companies (LLCs)
- Family limited partnerships (FLPs)
- Intra-family loans and sales involving promissory notes and private annuities
- Qualified domestic trusts (QDOTs) for clients with non-citizen spouses
- Prenuptial and postnuptial agreements in the estate planning context
Families and individuals are important to the wills and trusts attorneys at Osborne & Osborne, P.A., and ensuring that an individual’s legacy — whether financial, personal, or both — continues after they are gone is our utmost priority.