For adults at any stage of life, from young families to burgeoning professionals
to seniors nearing retirement, estate planning is a critical step in preparing
for the future. It provides the legal means for establishing your wishes
for the future, protecting your assets and investments, mitigating tax
liabilities and planning for contingencies that may arise.
Estate planning is particularly vital for high net worth individuals with
large or complex estates. In such situations, your estate plan must be
far more extensive than a single cookie-cutter will or trust document.
To be fully effective, your estate plan must address myriad fact-specific
- Tax mitigation issues
- Asset protection goals
- Medi-Cal planning
- Probate avoidance
- Privacy concerns
- Health care and end-of-life wishes
- Property distribution decisions
A comprehensive estate plan should include various legal tools to achieve
these objectives. Importantly, each document should be carefully tailored
to fit your needs and goals for the future.
Experience Navigating The Intricacies Of Complex, High-Value Estates
David Lee Rice, A Professional Law Corporation, our estate planning lawyers routinely develop complex estate plans for
high net worth clients with multimillion-dollar estates. We believe every
client deserves a personalized estate plan that fully addresses their
unique needs and effectively mitigates the risk of problems down the road.
To that end, our attorneys provide detailed and diligent counsel for every
Clients across Southern California turn to our firm for capable guidance
regarding all aspects of estate planning, including:
- Wills and trusts
- Estate and gift taxes
- Tax planning
- Family limited partnerships
- Grantor retained annuity trusts (GRAT)
- Qualified personal residence trusts
- Qualified terminal interest property (QTIP) trusts and other solutions
for blended families
- Life insurance trusts
- Special needs trusts
- Durable powers of attorney
- Health care directives
We also handle
probate proceedings, trust administration, and
estate and trust litigation.
Sophisticated Tax And Estate Planning Guidance
For those with high-asset estates, minimizing tax liability is a central
concern. A thorough understanding of
tax law is essential for successfully navigating the tax aspects of estate planning.
At David Lee Rice, APLC, our firm maintains a robust tax law practice that
complements and enhances our estate planning services. Attorney Rice has
an exceptional breadth of experience and credentials in both the tax law
and estate planning realms. He is certified as a specialist in taxation
through the California Board of Legal Specialization, and he holds a Master
of Law degree (LL.M.) in taxation. Clients benefit significantly from
this interdisciplinary blend of skills and legal mastery.
To learn more about our estate planning services, contact David Lee Rice,
APLC, in Torrance, California, at 310-517-8600.