ESTABLISHED COMPLEX ESTATE PLAN FOR ELDERLY HIGH NET WORTH CLIENT

We were referred a client by a local CPA firm who needed an updated estate plan. Our client had a large, seven-figure estate but no children or close family members to provide an inheritance. She was very philanthropic and our estate planning attorneys devised a plan to provide lifetime and post-death gifts to her favorite charities in order to minimize estate tax exposure, as well as set up a complete estate plan with a revocable living trust, pour-over will, financial power of attorney and patient advocate designation. We worked with our client and local non-profit organizations to implement the planned giving opportunities.