Estate Planning & Administration

It is vital for every person, especially individuals with families, to know what is going to happen to their assets after their eventual passing. The DarrowEverett Estate Planning & Administration Group provides a full range of estate planning services for both businesses and individuals designed to achieve the personal objectives of our clients, assuring the transfer of our clients’ most valuable assets in a manner consistent with their personal goals and in the most tax efficient manner.

Common services include:

  • Will and Trust Documents
  • Tax Considerations
  • Various types of Power of Attorney Documents
  • Buy-sell Agreements
  • Business Succession Plans

The estate planning attorneys at DarrowEverett have significant experience in succession planning for owners of closely held businesses, and our attorneys work with our clients to assure the implementation of a well thought-out succession plan – one which takes into account not only concerns relating to the business, but also personal and tax considerations. Our attorneys ensure that each estate or trust is handled in the most advantageous way in order to have the maximum value passed on to the beneficiary consistent with the intentions of the deceased or the trust maker.

In addition to estate planning, DarrowEverett advises clients on the administration of estates and trusts.

Common Administration services include:

  • Probate filings
  • Creditor suits
  • Will contests
  • Valuation issues
  • Tax elections

 

 

 

 

 

We have committed ourselves to assisting our clients in making well-informed, productive and ultimately successful decisions on all issues that come before them.

We take pride in on our ability to provide each client with the attention to detail and high level of service that their transactions require, while at the same time providing practical and business-oriented advice and solutions.

Current News and Events

  • Why Estate Planning Should Be Your Top Priority for 2019

    As the New Year turns, we often make resolutions for improving our lives in the coming year. We promise to eat healthier, to exercise, and to be more organized in our finances. One of the most important ways to improve our lives is to take concrete steps to plan for your estate. Estate plans are not just for the wealthy or those getting along in years. They are for everyone who has other people that depend on them or for anyone who wants to leave a legacy. Read our full client alert to learn how our attorney's can help you with your resolutions. Read More

  • End of Year Tax Update

    The Tax Cuts and Jobs Act of 2017, signed into law by President Trump on December 22nd, 2017 (the “Tax Cuts and Jobs Act”), added Code Section 199A to the Internal Revenue, which provides for up to a 20% deduction applicable to pass- through income, including income from S-Corps, partnerships, and sole proprietorships. Given this new deduction, it is within an owner of a passthrough’s interest to maximize what the IRS refers to as Qualified Business Income (“QBI”) which is defined as income net of any deductions or losses from a qualified business or trade, including any wages paid by the pass-through entity. To take advantage of accelerated depreciation and expensing of certain business related assets, read the full update. Read More

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