Proper estate planning is critical in protecting the future distribution of your personal and business interests. The estate planning and probate attorneys at Burch & Cracchiolo are skilled in creating a solid succession plan for your assets. Our expertise in the area of probate law is highly valued by our clients, particularly if an estate matter reaches litigation. We work with a team of accountants, insurance experts, and trust officers to ensure that your estate plan is comprehensive and effective in achieving your goals.
Burch & Cracchiolo has extensive experience in all aspects of estate planning and probate. Our attorneys represent individuals, corporations, other business owners, and nonprofit organizations and foundations in a broad range of trust, estate and tax matters.
Burch & Cracchiolo counsels businesses on executive compensation and employee benefits plans. We also counsel business owners on estate planning issues and have considerable experience drafting buy-sell agreements, forming partnerships, corporations, and limited liability companies, devising strategies for succession planning (such as transferring interests in the business to children and grandchildren), and structuring a business to ensure the owner's estate will qualify for the deferred payment of estate tax. Burch & Cracchiolo’s estate planning attorneys also work with accountants, insurance professionals and trust officers to develop coordinated estate plans.
Our attorneys provide estate planning advice to individuals interested in minimizing their tax burden after death and passing wealth along to future generations. Burch & Cracchiolo’s attorneys have previously worked on living trusts, marital deduction and generation skipping trusts, insurance trusts, family limited partnerships, charitable remainder trusts, and various family business succession strategies. We also prepare qualified personal residence trusts, annuity trusts, charitable remainder trusts, trusts designed for facilitating gifts to minors and other specialty trusts. Executives of large and small corporations and closely held businesses, including professional corporations owned by physicians and other professionals, are among those using our trust and estate planning services.
In addition to trusts (both revocable living trusts and irrevocable trusts), our practice includes drafting various types of wills (including marital deduction and generation-skipping transfer tax wills). Burch & Cracchiolo’s attorneys are skilled in the creation and implementation of gifting programs, development of plans for the effective use of life insurance, integration of pension and profit-sharing plan benefits and individual retirement accounts with the estate and other estate planning devices.
The firm's probate practice includes formal and informal probate matters, as well as complex litigation concerning wills, trusts and other estate planning matters. Our probate representation includes will contests and other testamentary disputes, as well as representation of heirs and devisees in overseeing the administration of an estate in which they claim an interest. This practice area also includes controversy work with estate tax audits and the IRS.
