Estate Planning

Estate Planning

GTC regularly provides high net-worth individuals and family office clients with unique ideas and recommended strategies for significant estate planning opportunities to ensure the tax-efficient preservation and transfer of wealth between generations. Please contact us to discuss the estate planning services that we can provide to you as a potential client of our firm. We focus on achieving clients’ nontax planning goals while minimizing income, estate, gift, and generation-skipping taxes. Our clients include both businesses and individuals. Some clients have modest holdings while others have substantial, multigenerational interests.

Scope of Services

To carry out our clients’ intentions, we select the tools that best fit each client’s situation. Our estate planning services generally fall into one or more of the following areas:  
  • Preparing an estate plan
  • Marital deduction planning
  • Asset protection planning
  • Family partnership planning
  • Business transition planning (including negotiation and drafting of buy/sell agreements)
  • Creative insurance planning strategies
  • Charitable planning/gifting strategies
  • Planning for qualified retirement plans and deferred compensation plans
  • Drafting and administering trusts for minors and challenged beneficiaries
  • Creation of guardianships and conservatorships
  • Advising on non-trust alternatives to giving (e.g., Uniform Transfer to Minors Act Accounts, payments to be made directly to medical care providers or educational institutions, and Section 529 Plans)
Our unique network and the significant relationships that we have established enables us to draw upon the knowledge of sophisticated estate planning professionals whenever needed. We regularly work closely with family office administrators and attend estate planning conferences in a focused effort to continuously develop creative estate planning and business transition solutions for our clients.

Planning Documents Frequently Prepared for Clients

Below is a sample listing of the various documents that we typically prepare for clients as part of implementing their estate plan in order to simultaneously achieve their business goals and implement their estate and tax planning goals:
  • Antenuptial Agreements
  • Charitable Lead Trusts
  • Charitable Remainder Trusts
  • Family Limited Partnerships
  • Grantor Retained Annuity Trusts
  • Irrevocable Trusts
  • Qualified Personal Residence Trusts
  • Revocable Trusts