Florida (Boca Raton Palm Beach and West Palm Beach) Trust & Estates, Taxation and Elder Law Attorneys
Florida (Boca Raton Palm Beach and West Palm Beach) Wills and Trusts Lawyers
Our attorneys at Elk Christu & Bakst, LLP assist clients with techniques for family business succession, family asset management and conservation, and reduction or elimination of income tax, gift tax, generation skipping tax, and estate tax whenever possible. We also assist clients in various types of tax disputes, probate disputes, and guardianship proceedings.
Some specific areas of experience include:
- Estate, Gift and Generational Planning
- Income Tax Planning for Corporations and High Net Worth Individuals
- Pre and Post-Mortem Planning with Retirement Assets
- Probate Administration
- Guardianship Administration
- Probate Litigation
- Asset Protection Planning
- Charitable Giving
- Formation and Representation of Public Charities
- Formation and Representation of Private Foundations
- Formation of LLC’s for Real Estate Investment with IRAs
- Representation before the IRS in regard to Private Letter Rulings
- Elder Law/Medicaid Qualification
- Special Needs Planning
Our clientele includes individuals, other law firms, trust companies, corporations, partnerships, trusts, estates, and various tax-exempt organizations.
At the Boca Raton and West Palm Beach law firm of Elk Christu & Bakst, LLP , our estate and tax planning attorneys know that effective estate planning goes far beyond the preparation of a will. Our experienced lawyers help clients plan effectively by:
- Coordinating aspects of a client's overall financial and business plan
- Preparing powers of attorney for property and health care
- Preparing living wills
- Planning for lifetime gifts to children
- Determining the appropriate form of ownership for assets, including the operation and structure of closely held businesses and valuation discounts
- Planning for retirement
- Assisting in determination of life insurance needs
- Planning income, estate, gift and generation-skipping transfer tax plans
- Analyzing the use of a living trust versus probate
We prepare everything from simple wills to sophisticated estate plans which include estate tax planning involving Family Limited Partnerships (FLP's) and similar vehicles for the reduction of estate taxes and improved gifting. Over the years we have saved clients and their families millions of dollars in estate taxes.
Wills
Our experienced attorneys prepare wills that meet client goals with regard to the disposition of property and the care of minor children, regardless of estate size, in a cost-effective manner. If an estate is large, Elk Christu & Bakst, LLP has the skills to prepare estate planning documents that minimize tax consequences and maximize the distribution of assets to the beneficiaries.
Trusts
The trust lawyers at our law firm are experienced with helping clients determine if a trust meets their needs and, if so, which trust would be best, including revocable trusts and irrevocable trusts. After evaluating the particular needs of a client, our experienced lawyers recommend a course of action that best serves the client's objectives.
When developing a plan for an estate, tax planning is an essential part of the solution at Elk Christu & Bakst, LLP. Whatever your estate needs and goals, we can help you assure that your heirs will realize maximum value from your estate. Contact us for an appointment.
