Trusts and Estates

ABV represents clients in the areas of estate planning, trust and estate administration, estate, gift and generation-skipping taxation, and income taxation of estates and trusts, as well as litigation of matters relating to these fields.

The Firm represents both U.S. and foreign individuals and families in all aspects of estate planning and administration, including:

  • Preparation of wills, including related tax planning, and structuring of assets to carry out the testamentary plan
  • Preparation of lifetime (“Grantor”) trusts
  • Preparation of powers of attorney, healthcare directives and other related estate planning documents
  • Structuring and implementing lifetime and testamentary transfers of wealth, including outright gifts as well as the establishment of insurance trusts, minority trusts, “Crummey” trusts, qualified personal residence trusts, generation-skipping trusts and other types of trusts
  • Providing advice as to the use and disposition of qualified plans and IRAs in estate planning
  • Structuring and implementing gifts to charitable trusts, private foundations and other charitable entities
  • Preparation of gift tax returns and participation in audits
  • Preparation and implementation of prenuptial and postnuptial agreements

ABV represents both individuals and major corporations in their capacity as executors, trustees and other fiduciaries. In this regard, the Firm provides services to suit the needs of the client, from rendering advice on legal questions only to performing or supervising a broad range of activities involved in estate and trust administration, including:

  • Proceedings for probate of the will, including proceedings for the issuance of preliminary letters testamentary, and contested probate proceedings
  • Proceedings for intestate administration
  • Proceedings for appointment of conservators of incapacitated persons
  • Will and trust construction proceedings
  • Marshaling of estate assets, and estimating expenses and taxes
  • Preparation of federal and state estate and generation-skipping tax returns
  • Preparation of federal and state individual income tax returns
  • Preparation of federal and state fiduciary income tax returns
  • Participation in audits of federal and state tax returns
  • Preparation of fiduciary accountings and proceedings for judicial and informal settlement of accounts