The firm has a great deal of experience representing high net worth individuals and families, including successful entrepreneurs and business owners, professional athletes, a member of a royal family, and families with multi-generational inherited wealth.  Navigating the relevant tax laws can be critical in the efficient transfer of wealth to future generations.  While tax planning may only apply to high net worth individuals and families in some places, Massachusetts estate tax law also affects those in the middle class.  In such cases, the appropriate application of available tax credits and deductions can be even more important.  Our tax planning practice provides legal counsel regarding the following:

• Revocable and Irrevocable Trusts
• Irrevocable Life Insurance Trusts
• Generation-Skipping Transfer Tax planning
• Grantor Retained Annuity Trusts
• Family Limited Partnerships and Limited Liability Companies
• Sales to Intentionally Defective Grantor Trusts
• Qualified Personal Residence Trusts
• Charitable Split Interest Trusts
• Lifetime Gift Programs
• Crummey Trusts
• Transfers of Real Estate
• Promissory Notes (including Self-Cancelling Installment Notes)
• Business Succession
• Buy-Sell Agreements