Estate Planning

An estate plan can accomplish a number of goals in addition to ensuring your assets pass to your intended beneficiaries in the most efficient and cost-effective manner. When properly implemented with a combination of wills, trusts and advance directives, your estate plan can take into account all possible contingencies.

With more than 30 years of estate planning experience and an in-depth knowledge of tax law, attorney Elliott Abrams is well-prepared to advise clients with even the most complex estates on strategies to protect their assets and their loved ones. Contact a skilled Walnut Creek estate planning attorney today. Your initial consultation is free of charge.

California Wills and Trusts Attorney Guiding Your Family Through Estate Planning

A carefully crafted estate plan can save your family the time and expense of probate while also minimizing estate taxes and ensuring your loved ones receive your assets promptly and with the least cost and inconvenience. The estate plan will streamline the management of your assets now and in the future, and insure the smooth transfer of a family-owned business. Importantly, it can discourage later court challenges by dissatisfied relatives and beneficiaries.

We provide the following estate planning services:

Drafting

Formation and Funding of Trusts

  • Living trusts
  • Revocable trusts and irrevocable trusts
  • Tax advantaged trusts
  • Life insurance trusts
  • Special needs trusts
  • Intentionally defective grantor trusts (IDGT)
  • Grantor retained annuity trusts (GRAT)
  • Grantor retained income trusts (GRIT)
  • Qualified personal residence trusts (QPRT)
  • Charitable remainder and charitable lead trusts

We handle the funding of newly created trusts (retitling assets, changing beneficiary designations on 401(K)s, IRAs and insurance policies). This is a service few other estate planning lawyers provide, but it is a detail that can easily be overlooked, and without it your estate plan will not achieve the desired objectives.

Trust and Estate Administration

  • Short- and long-term trust administration
  • Trust accountings
  • Tax reporting

Gift and Estate Tax Planning and Asset Protection

  • Charitable trusts
  • Entity formation: family limited partnerships, limited liability companies, subchapter S corporations

Estate Planning Packages: For most clients, we prepare a living trust, a will for each person (if a married couple), durable powers of attorney for property management, advance health care directives, as well as the necessary documentation to fully fund the trust.

Contact a Proven Estate Planning Lawyer in Walnut Creek

Contact our California estate planning law firm at 925-947-1333 for a free initial consultation with Elliott Abrams to learn how we can put his in-depth knowledge of estate planning to work for you. We work to provide you with timely, accurate and cost-effective advice. When a question or concern arises, you can be assured that we will be there for you.