We have served as primary advisors to successive generations of affluent families, and have assisted them with effective transfer of wealth by concentrating on their estate planning, estate administration, investment, financial, and tax planning needs.
Creation of an Estate Plan
We assist clients with the creation of appropriate and effective estate plans, based upon their financial assets and estate planning objectives. We work in tandem with clients’ estate planning attorneys to implement their estate plans.
A key component of an estate plan is the choice of fiduciary advisor to assist the executor in administering the estate. We provide the following services as fiduciary advisor:
- management of estate assets during estate administration;
- location and preservation of assets;
- payment of outstanding debts and expenses;
- tax planning and preparation of estate tax returns; and
- distribution of property to heirs.
We assist fiduciaries during estate administration by managing estate assets including cash, marketable securities, investment and retirement accounts, business interests, real estate, and other esoteric investments. Our services maximize the value of assets transferred to beneficiaries.
We explain complicated settlement provisions to family members and beneficiaries, and present alternatives available to those individuals based upon their specific circumstances and needs. We also assist beneficiaries with their personal financial and tax planning for newly inherited assets.