For families of all types and wealth levels, estate and trust planning is necessary to ensure that the assets you have spent a lifetime carefully compiling and managing is transferred to your intended beneficiaries with the least amount of tax impact possible.
No matter your current stage of life, be it the beginning of your professional career and the onset of wealth building accumulation, or if you have already entered your retirement years, the implementation of proper estate planning and business succession strategies can provide numerous safeguards for your family.Without a structured and thoughtful estate plan in place, an unexpected death can quickly decimate a lifetime of accomplishments leaving those you love and your business at risk.
At Smith & Hammond, P.C., we represent clients with significant net worth, business entrepreneurs, owners of closely-held businesses and clients who require sophisticated legal strategies. Our estate planning services range from tax minimization and wealth preservation to laying the groundwork for smooth business succession, and arranging contingency plans for medical and financial decision making in the event of temporary or permanent incapacity of a family member.
No matter your current stage of life, be it the beginning of your professional career and the onset of wealth building accumulation, or if you have already entered your retirement years, the implementation of proper estate planning and business succession strategies can provide numerous safeguards for your family.Without a structured and thoughtful estate plan in place, an unexpected death can quickly decimate a lifetime of accomplishments leaving those you love and your business at risk.
At Smith & Hammond, P.C., we represent clients with significant net worth, business entrepreneurs, owners of closely-held businesses and clients who require sophisticated legal strategies. Our estate planning services range from tax minimization and wealth preservation to laying the groundwork for smooth business succession, and arranging contingency plans for medical and financial decision making in the event of temporary or permanent incapacity of a family member.
Services
Estate plans and trusts are the basic tools used to safeguard your family and your businesses.
With ever-changing gift and tax laws, a consultation with our highly-experienced estate planning attorneys will ensure that your estate plan conforms with Texas and Federal laws, while providing your estate with maximum tax minimization advantages.
The continued long term health and viability of a family-owned business depends largely on a plan for orderly succession.
Closely held corporations and family owned businesses are particularly at risk if the chief operating officer dies or becomes incapacitated.
With ever-changing gift and tax laws, a consultation with our highly-experienced estate planning attorneys will ensure that your estate plan conforms with Texas and Federal laws, while providing your estate with maximum tax minimization advantages.
The continued long term health and viability of a family-owned business depends largely on a plan for orderly succession.
Closely held corporations and family owned businesses are particularly at risk if the chief operating officer dies or becomes incapacitated.
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