We provide comprehensive and sophisticated advice with a client-focused style dedicated to achieving your goals. The legal issues surrounding estate planning, including probate and trust administration, are complex and can be even more complicated if business succession planning is involved.  We have the expertise to develop a strategy personally designed for you.  Planning for your family’s future is an important process, especially for business owners.  If you own a family business, we will combine our knowledge and experience with an entrepreneurial, client-focused style of practice to help your business be successfully transitioned to the next generation.

If you need assistance with estate planning or business succession planning, we invite you to contact us today. The attorneys at Seigfreid Bingham possess comprehensive and sophisticated knowledge, experience, and judgment on a wide range of issues for individuals and business owners in the areas of estate planning, business succession planning, avoiding probate, and estate and trust administration.  We care about your objectives and utilize our knowledge and experience to create strategies that help you achieve those goals.

We provide practical, experience-based advice on a broad range of issues and strategies including:

Estate Planning: Wills, revocable trusts, irrevocable life insurance trusts (ILITs), powers of attorney, living wills, family limited partnerships (FLPs), irrevocable trusts, qualified personal residence trusts (QPRTs), special needs trusts, guardianships and conservatorships, charitable foundations, charitable remainder trusts, grantor retained annuity trusts (GRATs), generation-skipping transfers, intentionally defective grantor trusts (IDGTs), dynasty trusts, techniques for avoiding probate, and strategies for minimizing and paying estate and gift taxes.

Estate & Trust Administration: Probate/estate administration, trust administration, estate and trust accountings, guardianships and conservatorships, estate and trust income tax returns, federal and state estate tax returns, and beneficiary distributions.

Business Succession Planning: Selection and formation of business entities, purchase of a business, general business and tax advice, development of business succession plans including buy-sell agreements, deferred compensation plans, life insurance strategies, gifting of ownership interests in the business, sale of the business, employee stock ownership plans (ESOPs), and tax-efficient transfer of the business to the next generation.

Lifetime Gifting: Annual exclusion gifts, Section 529 educational plans, educational trusts, family limited partnerships (FLPs), irrevocable trusts, qualified personal residence trusts (QPRTs), grantor retained annuity trusts (GRATs), private foundations, donor-advised funds, charitable remainder trusts (CRTs) and other charitable gifting, generation-skipping transfers, intentionally defective grantor trusts (IDGTs), dynasty trusts, and lifetime exemption gifts.

Retirement Planning: Tax planning relating to the benefits of Roth IRAs, traditional IRAs, profit-sharing plans, and 401(k) plans, along with analysis of distribution options upon retirement, and selection of beneficiaries (individuals, trusts and charities).

Asset Protection: Prenuptial agreements, asset allocation, special needs trusts, irrevocable trusts, and spendthrift trusts.

Charitable Giving: Outright gifts during life or at death, donor-advised funds, private foundations, charitable remainder trusts (CRTs), and charitable beneficiaries of IRAs.

Tax Return Preparation: Estate and trust income tax returns, federal and state estate tax returns, and estate and gift tax audits.