Find Lawyers in Greensboro, North Carolina for Trusts and Estates
Practice Area Overview
How Can a Trusts and Estates Attorney Help You?
Trust and estate attorneys help clients plan for the efficient and effective transfer of assets to spouses, to younger generation family members, to other persons clients wish to benefit, and to charities. The practice involves the preparation of trust agreements, wills, powers of attorney, medical directives, and closely held business structures, including partnerships, limited liability companies, and corporations.
What are the Trusts and Estates Practices Focal Points?
When attorneys begin the planning process, they consider your objectives, your family relationships, charitable inclinations, and the relationship of federal and state estate tax, gift tax, and generation skipping transfer tax laws to these objectives. Attorneys then work with you and, in some cases, with other advisers to design the appropriate plan to meet your goals and objectives, prepare the necessary documents to carry out the desired plan, and assist with the implementation of your plan. In connection with family wealth planning, attorneys plan and draft trust agreements and wills, create various business entities, and carry out business reorganizations.
Trust and estate attorneys also handle the administration of estates. Attorneys confer with members of a decedent’s family on the various issues, including:
• Assistance to the executor with the preparation of the required probate documents and assist in valuation of estate assets
• Making insurance claims
• Preparation of final income tax returns and the estate’s income and federal and state estate tax returns
• Monitoring of the investment of the estate’s assets
• Arranging for the distribution of the estate’s net assets
• Throughout the administration of an estate, consideration is given to income tax savings through the timing of distributions and the timing and claiming of appropriate deductions.
In the trust administration area, attorneys advise and consult with corporate and individual trustees concerning the discharge of the trust’s terms and consult with beneficiaries concerning trust administration matters including the preparation of trust accounts.
Trust and Estate attorneys also assist clients in all phases of probate and trust litigation. This may involve construing or reforming the terms of a will or trust, prosecuting or defending a will contest action or surcharge actions against trustees.
What is a Trusts and Estates attorneys goal for its clients?
The goal of an trust and estate attorney is to assist clients to achieve their personal goals while obtaining the significant tax savings which may be available to them through proper planning. Attorneys in the practice spend a significant amount of time dealing with the federal estate, gift, and generation skipping tax issues involved in transfer planning.
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Aaron Bennett has a broad-based practice serving individuals, families, and business owners. He also represents corporate and individual fiduciaries in trust and estate administration matters. He especially focuses on estate and wealth transfer planning, estate and trust administration, and closely held business planning. Aaron enjoys working with families to develop solutions to the multifaceted issues that arise in helping them achieve their goals and objectives in a tax efficient manner, w...
Mike Godwin’s practice is concentrated in the areas of wealth and transfer tax planning, fiduciary advice, trust and estate disputes and working with owners of closely-held businesses and their families on succession planning matters. In helping clients pass family wealth to their chosen beneficiaries in the most tax-efficient manner, Mr. Godwin's focus is to find practical solutions that are appropriate for the family in question. He strives to take into account non-tax factors such as...
Amy Kincaid is an experienced trusts and estates attorney who focuses on tax planning and asset protection planning. Amy structures and implements comprehensive estate plans to achieve each client’s objectives with regard to the client’s family and business, while maximizing creditor protection and minimizing or eliminating income, estate, gift and generation-skipping transfer taxes. She counsels clients on a wide variety of estate planning and tax issues, including simple and com...
Jennifer Koenig is a member of the firm’s trusts and estates practice group. She counsels clients on issues ranging from simple wills and powers of attorney to very complex estate planning and wealth preservation techniques, including GRATs (grantor retained annuity trusts), limited liability companies (LLCs), complex charitable planning, and succession planning for family-owned businesses. She helps families create supplemental needs trusts for family members with disabilities. With th...
Paul Livingston divides his time between advising nonprofits (public charities and private foundations) and estate planning. In his work with nonprofits Mr. Livingston serves as counsel to a number of large, public charities advising them on tax and governance matters. He also assists families in the formation and qualification of private foundations, and advises private foundations, both grant-making and operating, on tax and governance matters. Mr. Livingston has a special interest in succe...
Bill McNairy advises businesses on structuring private equity transactions, mergers and acquisitions, public offerings, and going private transactions. Bill is a CPA who uses his accounting experience to counsel family-owned businesses on issues related to tax law, trusts and estates, and tax saving strategies. Bill has an active private equity practice. He regularly assists funds with their portfolio company investments, acquisitions and fund formation matters. Bill has worked with a wide va...
Working with a select group of entrepreneurs, family businesses, and nonprofits, Adam Tarleton provides counsel on tax, estate planning, and business matters to help clients protect and preserve their wealth and achieve their personal and financial goals. He is certified as a specialist in Estate Planning and Probate Law by the North Carolina Board of Legal Specialization. Adam works with high net worth individuals to design and execute estate plans that minimize the tax and other costs of tr...
Chris Genheimer is a member of the Carruthers & Roth business, tax and estate planning practice where he works with a wide variety of individuals, high net worth families, entrepreneurs and closely-held family owned businesses. He focuses on helping clients with all aspects of forming, operating and transitioning family owned and closely held businesses, with an emphasis on buying and selling businesses. Chris also assists clients with estate planning, estate and trust administration and ...
Brandon Jones’s practice focuses on helping individuals and business owners in a number of capacities. As an estate planner, he works with a broad spectrum of clients from all stages of life to implement effective estate plans – from young families just starting out to high-net-worth individuals and couples interested in transferring the wealth they’ve built to benefit the next generation in an efficient manner. His experience also includes estate and trust administration, a...
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