Trusts & Estates
Business Succession Planning: How to Coordinate an ESOP Exit Strategy with an Estate Plan
In the right situation, an Employee Stock Ownership Plan (“ESOP”) can be an effective business succession planning tool for helping owners of closely-held businesses successfully exit the business while preserving the future viability of the business. Furthermore, when an ESOP exit strategy is properly coordinated with the owner’s estate plan, the cost of transferring wealth to the next generation can be signifi cantly reduced. On the business side, an ESOP can help motivate employees, increase productivity, allow employees to acquire an ownership interest in the business and increase the value of the business.
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Cryptocurrency and Estate Planning
Download the sample trustee manual to see how Wealth Tracx can help introduce trustees to the trust administration process.Learn More
Domestic Asset Protection Trusts after Toni 1 Trust
Domestic Asset Protection Trusts (DAPT) have been a useful estate planning tool to help clients protect their assets from creditors. Download this paper now and learn why it has become vital for estate planners to adequately counsel clients in non-DAPT states wishing to fund their DAPT with non-DAPT state property.Learn More
Drafting Third-Party Spendthrift Trusts after U.S. v. Harris
U.S. v Harris changed the game for estate planning attorneys drafting spendthrift trusts. Get the facts in this brief.Learn More