Tax And Estate Planning And Administration

For more than 35 years, the attorneys at Good Wildman have worked with the owners of closely held businesses throughout Southern California to limit legal and financial liabilities through comprehensive tax planning, estate planning and asset protection planning. By intelligently managing finances, we can minimize potential state, federal and estate tax liabilities while helping clients comply with state and federal tax laws.

By combining large-firm credentials with the personal attention of a boutique practice, we provide tax, estate planning and administration services that focus on achieving results.

Sophisticated Tax And Estate Planning Strategies

We work closely with small businesses, sole proprietors, large corporations and those with complex estates. Our attorneys build strong professional relationships that address both immediate and long-term financial objectives. We protect and preserve our clients' assets by minimizing exposure during business formation, when navigating the purchase or sale of a business, throughout reorganization, or when explaining and implementing the following estate and tax planning instruments:

  • Wills and trusts
  • Family limited partnerships
  • Limited liability companies (LLCs)
  • Corporate entities
  • Irrevocable trusts
  • Multi-generations or dynasty trusts
  • Trusts naming a third party or a trust protector
  • Charitable remainder trusts
  • Charitable contributions
  • Foreign asset protection trusts
  • Estate and income tax planning
  • Business succession
  • Charitable lead trusts
  • Company reorganizations
  • Private foundations
  • Tax consequences when starting, buying, selling or terminating a business
  • Separating income streams into separate legal entities
  • Separation of business and personal assets to limit liabilities during asset protection planning
  • Protecting a business or estate during marriage, divorce or after the birth of a child

Trust And Estate Administration

In addition to tax and estate planning, we also assist clients with the administration of trusts and estates after the death of a grantor.

Below are some common issues we handle during the administration of an estate:

  • Explaining the duties and powers of a trustee
  • Creditor's rights against a trust or beneficiary
  • Preparing beneficiary notices
  • The removal of a trustee
  • Modification of a trust
  • Income tax of a trust
  • Preparing transfer tax, estate tax or gift tax returns
  • Invest and manage trust assets

The Experience And Education To Protect Your Financial Interests

At Good Wildman, our attorneys possess advanced degrees in tax planning (LL.M.). We have worked with small businesses as well as large corporations to plan and protect their assets, and understand the importance of building intelligent plans that account for and protect all aspects of our clients' personal, professional and financial interests.

Contact the tax and estate planning lawyers of Good Wildman by calling our Irvine, California, law office at 949-955-1100 or send an email by completing our online contact form.