High Net Worth Estate Planning at Braverman Law Group, LLC

At Braverman Law Group, LLC, we specialize in high net worth estate planning, offering bespoke strategies for individuals and families with significant assets. Our approach is comprehensive, addressing not only the legal complexities but also the unique family dynamics and long-term objectives of our clients. We understand that high net worth individuals require specialized advice to protect their wealth, minimize taxes, and ensure a seamless transition to future generations.

Central to our high net worth planning is wealth preservation. We focus on strategies that protect your assets from various risks, including market volatility, business liabilities, and potential creditors. Braverman Wealth Advisors, LLC can provide wealth management advice, or we can collaborate with your chosen financial advisor. This integrated approach ensures that your estate plan works in concert with your broader financial goals, providing a holistic solution to wealth preservation.

Our expertise extends to addressing the unique challenges faced by clients with international ties. Whether you have assets abroad, are a non-U.S. citizen residing in the United States, or have beneficiaries living overseas, our team is equipped to navigate the complexities of international estate planning. We can plan for foreign beneficiaries and work with attorneys in other countries to ensure that your American estate plan works seamlessly with estate plans in other jurisdictions, maintaining compliance and optimizing for global tax efficiency.

In high net worth estate planning, our vehicles include a variety of trusts and family entities, each specifically tailored to meet the needs of high net worth individuals. These tools are instrumental in achieving your distinct goals, such as preserving wealth for future generations, minimizing taxes, and ensuring privacy in wealth transfer. Prominent among these are the Spousal Lifetime Access Trust (SLAT), offering married couples a flexible way to benefit from trust assets while potentially reducing estate taxes. The Family Limited Partnership (FLP) plays a crucial role in managing family-owned businesses or property, providing control and tax advantages. Inheritance Asset Protection Trusts are also pivotal, ensuring that your beneficiaries receive their inheritance in a protected and tax-efficient manner.

Tax planning is a cornerstone of our high net worth services. We proactively address potential tax liabilities, focusing on innovative solutions that align with evolving tax laws and regulations. Our expertise encompasses income tax planning, estate tax minimization, gift tax strategies, and generation-skipping transfer tax considerations. Our goal is to maximize tax efficiencies within your estate plan, ensuring more of your wealth is passed on to your beneficiaries.

Our firm holds a special place for special needs planning, a service born out of personal experience and commitment. We offer comprehensive solutions for families with special needs members, ensuring their long-term care and financial security without jeopardizing their eligibility for vital government benefits. Our special needs trusts are carefully crafted to provide for the unique needs of each beneficiary, offering peace of mind to families.

At Braverman Law Group, LLC, we are more than just estate planners; we are partners in your legacy planning. Our commitment to personalized service, combined with our deep expertise in high net worth estate planning, makes us the ideal choice for individuals and families seeking to protect and preserve their wealth for generations to come.