The Benefits Of An Estate Plan

youngcoupleYour family is unique. Your estate plan should reflect that. At the Law Office of Elise Lampert, we never take a one-size-fits-all approach to estate planning. Instead, we develop highly tailored estate plans that fit your specific needs.

Located in Sherman Oaks, California, our firm provides estate planning services to families throughout the San Fernando Valley and Los Angeles. We can help you achieve your goals. Contact our office to get started.

Asset Preservation And Tax Mitigation

You've spent a lifetime building your wealth. Don't lose your legacy to estate taxes and creditors.

Over the years, lawyer Elise Lampert has drafted everything from simple wills and trusts to highly complex estate plans that include tax mitigation and asset preservation strategies.

If you own a family business, legacy properties or other high-value assets, or have accumulated a good amount of wealth, it is important to consider advanced planning strategies that preserve your assets, minimize your tax liability and ensure your legacy is preserved for the next generation.

Advanced planning techniques include:

  • Strategic gifting
  • The creation of business succession plans
  • The creation of family limited partnerships and limited liability corporations
  • Sophisticated trusts, such as grantor retained income trusts (GRITs), irrevocable life insurance trusts, qualified personal residential trusts, generation skipping trusts and special needs trusts

A Simple Plan For The Future

Not everyone needs a sophisticated estate plan. Before developing your plan, we need to know your goals. We do this by sitting down with you, discussing your situation and answering your questions.

Once we have a clear understanding of your finances and your family's dynamics, we develop a comprehensive estate plan that advances your goals while mitigating potential areas of risk. Some simple estate planning tools include:

  • Wills
  • Trusts
  • Advance health care directives
  • Durable powers of attorney for finances
  • Conservatorships and guardianships

For more information about the benefits of estate planning, and to discuss your goals in detail, call 800-294-6449.