WEALTH PRESERVATION PLANNING

Certain clients can benefit from a wide variety of complex planning strategies designed to maximize and preserve the accumulated wealth of a family. Such planning generally requires a thorough analysis of a client’s assets and a concise understanding of a client’s individual planning goals. At Underberg & Kessler, our wealth preservation planning lawyers stand ready to offer such assistance and guidance, navigating you throughout the available opportunities, and helping you select the best ones to achieve your goals.

Contact us here to engage our attorneys about a wealth preservation planning matter.



Asset Protection Trusts

You can set up an asset protection trust which allows you to name yourself as the beneficiary of the trust. This allows you to retain access to the property in addition to having limited control over it.



Contact us here to engage our attorneys about an asset protection trust.



Limited Liability Companies (LLCs) as Asset Protection

LLCs can be utilized as part of a well-rounded estate plan to effectively reduce estate taxes your decadents would have to pay upon receiving an inheritance from your estate. You may also be able to transition your assets to your children during your lifetime without realizing major gift taxes. This method of estate planning also allows you to maintain control over your assets. The circumstances of your situation will dictate if this is a good option for administering your estate planning, and our estate planning attorneys would be more than willing to discuss this option with you!



Contact us here to engage our attorneys about a wealth preservation planning matter.



Wealth Preservation Experience

Our Experience in Western, NY and Beyond


We provide advice and counsel to our clients about their planning strategies in the context of the state and federal estate, gift, and income tax, and our high net worth clients have benefitted from multiple planning strategies designed to maximize preservation of family wealth, including:


•Asset-protection planning, such as Marital agreements, Medicaid planning, and asset-restructuring strategies that include income-only and Medicaid trusts;


•Asset structuring and valuation planning, focusing on  stocks, bonds, bank accounts, real estate, vacation property, insurance policies, retirement plans, deferred-compensation agreements, employee benefit plans, and closely held business interests; and


•Gift planning, such as grantor retained annuity trusts, intentionally defective grantor trusts, and outright transfers of closely held business interests

OUR WEALTH PRESERVATION PLANNING ATTORNEY:

To learn more about our individual attorneys, please click on their picture to view their biography:

Joshua B. Beisker

Joshua B. Beisker

Rochester, NY

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