Families and high net worth individuals, entrepreneurs, and businesses often encounter situations that require complex estate, present, and income tax planning. Planned or unexpected intergenerational transfers of wealth and business deals and restructuring are opportunities to maximize tax efficiencies, freeing up assets, time, and energy to the revitalization of a household or business. Finding creative solutions in these sorts of situations is a very personalized clinic at Goodwin. Our attorneys have decades of experience designing original, effective plans centered on the goals and needs of our clients. We’re able to draw on the resources of a company as required to provide customized programs for each of our clients.

Our services include:

Estate planning: designing creative, effective plans centered on the goals and needs of our clients and their families
Estate administration: compensation of lien on behalf of professional fiduciaries, attorneys, or people named as executors or personal representatives
Trust administration: functioning as trustees of household and charitable trusts
Fiduciary services: advising fiduciaries and trust offices
Litigation: representing fiduciaries and beneficiaries in trust and estate disputes
Non-profit and philanthropic organizations: assisting with tax-exempt status, governance, regulatory compliance and planned giving programs
Estate Planning

Analysis: understanding the distinctive goals of each customer and analyzing earnings, present and real estate tax implications of transports in light of personal Objectives

Core real estate plans: wills, revocable trusts, durable powers of attorney, healthcare documents

Complex plans: generation-skipping trusts, present trusts for minors, grantor retained annuity trusts, qualified personal remainder trusts, business/investment vehicles such as limited partnerships or LLCs, life insurance coverage trusts, intra-family sales or loans, other trusts addressing distinctive circumstances

Charitable planning: outright or limited presents, negotiation of present arrangements, donor-advised funds, private foundations, charitable remainder trusts, and charitable lead trusts, presents of distinctive assets such as real estate and artwork.

Estate Administration

Implementation of estate plans
Probate court filings
Preparation of estate tax returns and fiduciary income tax returns, analysis and management of income tax implications and managing of both federal and state estate tax audits
Disposition of assets, including the financing of trusts and devises under plans in light of tax considerations
Obtaining valuations of probate and non-probate assets
Estate account preparation
Settlement of claims against estates
Trust Administration

Administering trusts
Working with investment advisors to manage assets
Recognizing complex family situations, assets, and specialized sensitive trusts
Working with co-trustees and beneficiaries by providing tax and financial advice and planning distributions
Communication and reviewing the purposes of the trust with beneficiaries
Preparing income tax and generation-skipping tax yields