Putting clients first accounts for HCMP's long-standing relationships.
 

 

Estate Planning and Probate, Business Succession

"…[I]n this world nothing is certain but death and taxes." Benjamin Franklin, Letter to M. Leroy, 1789

Estate Planning and Probate

We can help with the simplest to the most complex estates - all types of individual clients, from those having small business interests to executives of major corporations, and we represent professionals and investors. Although we utilize forms to increase efficiency, our estate planning lawyers focus on providing personalized attention to each of our clients, helping them to organize their estates in the manner that best suits them. The diverse property interests of our clients frequently require our advice concerning transactions in multiple states or foreign countries. Our estate planning lawyers carry out our commitment to combining up-to-date professional expertise and state-of-the-art technology to produce high-quality services promptly and efficiently.

Personal Lifetime Planning. Much of our time is devoted to the traditional aspects of will and trust document preparation. We listen to your desires, consider your assets, and analyze the impact of state and federal tax laws. Our general tax planning activities involve both individuals and businesses. We assist clients in organizing their assets in a manner that best suits them, and in business succession strategies. Once the client-lawyer planning phase is completed, we draft the documents necessary to implement the plan, which may include the following:

  • Wills (simple and complex, including those with trusts)
  • Living trusts-both revocable and irrevocable (including life insurance and charitable trusts)
  • Prenuptial and postnuptial property agreements
  • Durable powers of attorney
  • Directives to physicians ("living wills")
  • Instructions regarding anatomical gifts

We work closely with a number of HCMP's corporate clients to provide estate and related planning advice to senior corporate executives. As a team, our lawyers provide assistance in areas such as issuance of securities, mergers and recapitalizations, real estate transactions, and questions of international law.

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Living Trusts. Living trusts (also known as revocable trusts) have become an important planning tool for many people. Our lawyers have extensive experience in the drafting, funding, and administration of living trusts. We routinely advise the trustees of such trusts regarding administrative matters during the lifetime of the person creating the trust, and after the death of the person creating the trust, in connection with the continuation or distribution of the trust.

Trust and Probate Administration. We represent the personal representatives and trustees in connection with the initiation, administration and supervision of trust, estate and other related proceedings. This involves preparation of pleadings for appointment of personal representatives; inventory of assets and liabilities; thorough review and analysis of possible income and estate tax planning options; preparation of necessary accountings; transfer of assets in estate distribution and closing the probate administration. We often work in coordination with accountants in connection with completing estate and gift tax returns. We also represent individual beneficiaries regarding their personal interests in trusts and estates.

Guardianship Matters. Should a guardianship proceeding become necessary to protect and manage the assets of a disabled person, we are fully experienced in the court procedures and accountings required, from inception through the completion of the guardianship process.

Some items to help you get started on estate planning matters are included in Resources.

Business Succession

Here's what we do. Our estate planning lawyers have strong backgrounds in business law and are uniquely suited to assist clients in their efforts to move family owned businesses and assets intact from one generation to the next.

Special Consultations With Other Professionals. We consult extensively with other lawyers, accountants, life underwriters and financial planners concerning matters relating to all aspects of personal planning.

For More Information Contact: David E. Myre Jr.

 
 

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