Estate Planning

Weinstock, Manion, Reisman, Shore & Neumann

—A Law Corporation—

Los Angeles, California

Estate planning is an essential need in today's complex economy. Because of this, the largest part of our practice is devoted to the recommendation, design and implementation of sophisticated strategies which help our clients to realize their personal goals.

In the close-knit structure of our firm, our estate planners work closely with our business specialists to integrate personal and professional objectives for the preservation and transfer of wealth. This synergistic approach ultimately results in a comprehensive estate planning strategy for our clients.

Our estate planning specialists are able to provide expert guidance in the following areas, among others:

• Efficiently preserving and transferring assets, while streamlining the time-consuming, frustrating and expensive probate process, by use of revocable living trusts.
• Minimizing estate taxes by using sophisticated lifetime giving techniques, such as Grantor Retained Interest Trusts, Charitable Remainder Trusts, Intentionally Defective Grantor Trusts, and Qualified Personal Residence Trusts.
• Providing liquidity and minimizing estate taxes by using life insurance and Irrevocable Life Insurance Trusts.
• Efficient administration of probate and trust estates.
• Transfers of business interests to younger family members in a tax-effective manner.
• Minimizing the Generation-Skipping Transfer Tax on transfers to grandchildren and great-grandchildren.
• Reducing income and estate taxes on the receipt of benefits from retirement plans.
• Avoiding court intervention if disability strikes.
• Saving income taxes, both now and in the future.

As new issues in estate planning develop and laws change, our firm consistently rises to meet these challenges and opportunities for our clients. And as in every area of our practice, we continue to make it our goal to provide excellent, prompt, and cost-efficient legal services to our clients.