Estate Planning and Asset Protection Planning

Why should you choose Schenkman Law for Estate Planning and Asset Protection Planning?

  • All our partners have obtained Masters in Law Degrees in Taxation. This degree is above and beyond the law degree and focuses intensively on more complex and sophisticated planning strategies and knowledge.
  • Unlike other estate planning attorneys, our services encompass more than estate planning. Our practice extends to areas of business, professional practice, corporate law and asset protection planning. This experience enables us to better understand the consequences of various planning approaches. By understanding succession issues, business operations and financial information, we are uniquely qualified to offer clients solutions to preserve assets during their lifetime and for their heirs, and to assure a guided future for their businesses.
  • We know the importance of "listening". By truly understanding the needs and objectives of each client and by understanding their business operations, we develop a comprehensive and customized estate plan designed to address the specific needs and objectives.
  • In counseling a client, we collect all the appropriate information, and clearly explain our recommendations. Even though our role as attorney is to provide information and explain the benefits of each recommended option, the ultimate decision-maker on the estate plan is the client.

Estate Planning

The growing complexity of tax laws makes sophisticated estate planning more important than ever. We use an integrated approach, which blends wealth preservation, asset protection and estate planning techniques, to produce the proper plan for you. We are experienced with the specialized problems of non-U.S. citizenship, non-traditional family situations, and closely held and professional businesses. We customize estate plans with the following documents, among others to satisfy your specific needs, goals and desires:

  • Wills
  • Trusts
  • Durable Powers of Attorney
  • Advanced Directives (Living Wills)
  • Life Insurance Trusts
Choosing a Trustee

Asset Protection Planning

We help you develop a comprehensive asset protection plan to reduce or limit overall liability exposure and to protect against a host of liability risks, including the following:

  • Liability arising from professional malpractice or personal malfeasance;
  • Liability from serving as an officer, director, or similar capacity;
  • Liability as guarantor for the debts of another;
  • Suits by former business partners; and
  • Personal injury damages.
Asset Protection Basics

Lifetime Gift Planning

Whether your gifting intentions are charitable or closer to home, we recognize the importance of incorporating lifetime gifting techniques into an estate plan for our clients. We listen to your desires and develop a gifting plan to achieve the most advantageous results to meet your tax and personal gifting goals.

Drafting Wills, Trusts and Other Estate Planning Documents

We are familiar with drafting simple and sophisticated Wills and the creation and maintenance of all types of lifetime and testamentary trusts, which we customize to achieve your goals in transferring assets to your desired beneficiaries, while minimizing taxes. We also utilize General Durable Powers of Attorney, Medical Powers of Attorney and Living Wills to handle unexpected lifetime contingencies.

Practice Areas