Helping Clients Achieve Their Planning Goals
For many people in Utah, conventional estate planning tools can only take them so far toward addressing their concerns about the tax consequences of estate planning, potential long-term nursing care needs, and control over their business interests.
At Esplin | Weight in Provo, our attorneys help clients design customized estate plans focused on their individual goals, often in conjunction with teams of expert professionals. Contact us to arrange a free initial consultation with one of our knowledgeable estate planning lawyers.
Assembling Highly Sophisticated Estate Plans
Our firm is highly experienced at assisting high-asset individuals, business owners and other people in need of advanced estate planning services. In addition to drafting wills and trusts with more complex provisions, we regularly use sophisticated estate planning structures such as the following:
- Family limited liability companies (LLCs)
- Family limited partnerships
- Irrevocable life insurance trusts (ILITs)
- Small business buy-sell agreements
Advanced estate planning can be useful when it comes to reducing liability for estate taxes, income taxes and other taxes. You may also be interested in Medicaid planning in order to reduce the impact of any long-term nursing care needs you may have later in life.
Putting Together a Team to Meet Your Needs
When it comes to complex estate planning, a single lawyer or single other professional is not going to have the advanced knowledge to advise you on all aspects of your plan or to carry out all of the required tasks.
Depending on your advanced estate planning needs, the services of a CPA, a financial planner, a financial products expert and/or a tax expert, in addition to an attorney, may be extremely valuable. We have strong relationships with dependable professionals in all of these areas and are experienced at working as part of a team.
Don't hesitate to contact us to discuss how we can help you pursue your advanced estate planning goals.
