ESTATE PLANNING AND LIVING
TRUSTS
At Rollings, Shaw & Associates, P.C., we take your
estate plan personally. Our seminars are designed to enlighten and educate
because we believe an educated client makes better decisions. Our
explanations and diagrams coupled with will and trust synopses are legendary and
our presentations have been greeted by small client groups, as well as large
organizations with enthusiasm and appreciation.
Most important, our advice and counsel to individuals
on how to handle and manage their estate to reduce or avoid taxes and achieve
family goals is our principle goal. We believe the use of sophisticated
planning devices can only be successful for our clients when they are coupled
with solid knowledge and experience.
Depriving the government of estate taxes, avoiding
probate, transitioning businesses to the next generation and achieving estate
and succession plans according to our clients' objectives has been a vital part
of our practice for almost 40 years. Basic estate planning utilizing
living trusts, pour-over wills, durable powers of attorney and health care
directives is a regular part of what we do.
Advanced Estate Planning for individuals who have
higher net worth constitutes a sizeable portion of our practice. For years
we have used irrevocable insurance trusts (ILITs), charitable remainder trusts
(CRTs), qualified personal residence trusts (QPRTs), family limited partnerships
(FLPs), and intentionally defective grantor trusts (IDGTs) to meet our clients'
goals and reduce taxes.
Many of our clients have small businesses they would
like to pass to the next generation. Development of a succession plan, and
tax reduction or elimination, facilitating the business transition are a main
focus of our practice. We regularly show clients how to pass (or retain)
control, protect against creditors or divorcing spouses, distribute equitably
between participating and nonparticipating children and target those children or
heirs who have specific needs.
At Rollings, Shaw & Associates, P.C., we believe
that good planning yields good results in the development of a successful estate
plan, whether for a small estate or one of several million dollars.
Depriving the government of your estate, while achieving the goals of your
family, is a worthy and noble pursuit -- a pursuit at which we have been
successful for more than 35 years.
