Estate Planning, Tax & Probate

Wolf, Rifkin, Shapiro, Schulman & Rabkin, LLP provides its clients with the ability to achieve wealth transfer goals while at the same time minimizing administrative costs and taxes. We work with entrepreneurs, closely held corporations, limited liability companies and partnerships on business succession techniques, including restrictive operating agreements. We also assist individuals and families in structuring ownership arrangements to maximize liability protection and minimize estate, gift and California real property taxes.

In addition to advising executors and trustees administrating estates and trusts, we are involved in estate-related litigation and family settlements. Our multi-disciplinary attorneys help clients develop individualized estate plans, coordinate retirement plans and/or insurance beneficiary designations and develop strategies to transfer assets in the most tax effective manner.

Our clients look to us to:

  • Minimize Estate Tax Liability Exposure;
  • Provide Guidance on Lifetime Gifting to Reduce Taxes;
  • Improve Estate Liquidity;
  • Create Trusts to Reduce Estate Tax Liability; and
  • Arrange for Business Succession and Ensure that Business Interests Will Pass to Heirs With a Minimum of Unwarranted Taxes or Disputes With Other Owners

Sophisticated estate planning structures may be needed such as:

  • Charitable Trusts or Charitable Foundations
  • Family Limited Partnerships
  • Grantor Trusts Including Generation-Skipping or “Dynasty” Trusts
  • Irrevocable Trusts
  • Qtip Trusts
  • Qualified Domestic Trusts
  • Revocable Living Trusts

Our broad experience in all facets of probate and trust administration enables us to educate our clients about the mechanics and ease the burden of these processes. Our services include:

  • Administration and Termination of Trusts
  • Probate of Wills