We work closely with clients to identify and achieve their goals, from transferring family wealth and business operations, minimizing transfer-related taxes, to preserving family investment and operational businesses, real estate, and other assets, all while minimizing administrative costs and taxes.
Our clients include individuals, families, businesses, and fiduciaries, we plan for estates of all sizes. We operate in a technology-forward manner giving you access to your records and our legal services from anywhere in the world. Need an updated power of attorney while traveling or an update to your medical directive while unable to visit our office? We can send it to your smart-phone, and those of any witnesses, for digital signature(s) and the process is complete.
Estate Planning Services
Wills, Trusts, Probate
Estate planning strategies and techniques change as tax laws, both federal and state change, over time. Our attorneys monitor both proposed and actual changes and follow industry experts in order to stay ahead of the ever changing environment and maximize your estate strategies. Some of the the estate planning tools we utilize include:
- Revocable Living Trusts
- Last Will & Testaments
- Financial/Durable Powers of Attorney
- Advance Health Care Directives
- Qualified Personal Residence Trusts
- Irrevocable Life Insurance Trusts
- Generational Skipping Trusts (GSTs)
- Grantor Retained Annuity Trusts
- Business Asset Analysis and Valuation Discounts
- Family Limited Partnerships
- Family Limited Liability Companies
- Gift Trust
- Charitable Giving Programs
Our lawyers help clients in all aspects of probate and estate planning
Book a consultation with one of our estate planning or probate lawyers today.
We can help establish a Comprehensive Estate Plan, which includes:
- A Living Trust
- An Advance Health Care Directive (Living Will)
- A Durable Power of Attorney
A comprehensive estate plan is more than merely preparing a will. A valid will ensures that your estate passes according to your instruction through the probate process. But the reality is that probate is complicated, involves the courts, and is both lengthy and expensive. Comprehensive estate planning is much more than a will.
Note: without a will (and without any estate planning) your estate passes according to state law through the probate process.
A Living Trust:
In conjunction with a will, outlines the legal agreement in which you (the initial trustee) continues to own and control your property. Property that is ultimately transferred to the beneficiaries.
An Advance Health Care Directive
Often called a Living Will, appoints the person of your choice to direct your medical care (under a power of attorney) and as outlined by specific instruction related to any potential health care decisions that may become necessary.
A Durable Power of Attorney:
Appoints the person of your choice authority over your assets and financial accounts in the event that you are unable to make financial decisions for yourself.
The best way to avoid the probate process is to have a living trust in place long before you expect to need it.
A Comprehensive Plan provides for your needs & eliminates the requirement of probate for your loved ones.
Bay Legal helps you in your legal matters
- Innovative solutions for your business
- Protection of assets
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