We provide a comprehensive suite of estate planning and tax mitigation services tailored to your unique needs. We approach law, tax, finance, and philanthropy topics like a game of chess, where each move requires strategic foresight, anticipating and navigating lawsuits, high-risk decisions, unnecessary taxes, and legal obstacles to ensure the best possible outcomes for you and your family.
We Approach Estate Planning With Three Sets Of Lenses:
Asset Protection, Tax Reduction, and Wealth Preservation.
This approach allows us to look at the same scenario from several strategic perspectives and identify hidden gaps that could leave your wealth exposed to creditors, litigants, or even unnecessary legal costs and taxes.
Asset Protection Lens
Asset protection looks at the different strategies that can be used to lower your chances of getting sued, and if you do get sued, then to mitigate the total losses or costs that could arise from the lawsuits. We explore multiple legal entities and structures.
Tax Reduction Lens
The tax reduction lens dives into those taxes that you incur during your life, as well as those that are imposed at the time of your death. Planning for future and hidden taxes can save you and your heirs a ton of time and costs, and gives you more peace of mind.
Wealth Preservation Lens
We look at your overall goals and dreams and how to empower your heirs and loved ones so they know how to manage your wealth after your death in a manner that is not risky and ensuring your wealth is not diluted by spendthrift heirs and beneficiaries.
The Tax Iceberg™
The Tax Iceberg is a unique concepts that we developed to help our clients understand and remember the "hidden" taxes that impact the way you control and transfer wealth to your heirs.
More often than not, people forget to account for some of these layers of hidden taxes that lay beneath the surface and do not prepare or plan for them, which ends up costing your family upwards of 30-40% of your net worth in legal costs and taxes.
We create the legal and tax structures that can help you and your heirs prepare and plan ahead of time so you can tackle the Silent Beneficiary (IRS and probate court) with more confidence.
Our Approach To Estate Planning
We have complied an extensive amount of data and resources that can help you get the information, strategies, and tactics that you might be looking for, and if you're not sure where to start, schedule a call and we'll help you figure it out.
ESTATE EVALUATION
The first step is to conduct an in-depth evaluation of your entire estate to get a fair market valuation of all your assets and to understand current and future legal and tax obligations
SHORT TERM GOALS
Once we have a clear picture of your assets and risks, we look at your short term goals, ranging 1-3 years, to better understand the legal and tax strategies that you can leverage.
LONG TERM GOALS
We then dive into the long-term goals that include wealth management across several generations, and identify the various estate, legal, and tax strategies that your family could be deploying.
LEGAL STRUCTURES
We offer the drafting, filing, and the ongoing support work for any legal entities that we create for you and your family, such as incorporations, LLCs, wills, trusts, nonprofits, or foundations.
TAX STRATEGIES
We tackle tax strategies in a holistic manner and even offer calculation of future "death taxes" that are depicted in the "iceberg" model - which are often hidden and not addressed.
MINI FAMILY OFFICE APPROACH
By aligning the way all your advisors and experts are working together, we create a Mini Family Office environment, where you and your family can secure law, tax, and finance decisions under one roof.
Testimonials From Current Clients
Here's what a few clients had to say about working with us.
We are glad we met Sid, who helped us understand how estate planning really works. We were about to create an irrevocable trust and place all our assets in it - Sid stopped us from making an irrevocable and irreversible mistake which would have been terrible.
John
The consulting and mentorship program is what attracted me to Law & Tax. Almost all other law firms and wealth advisors only offered the setup, while Sid and his team offer ongoing help, mentorship, and strategy. This is too detailed to try and do it by ourselves.
Dustin
We were referred to Law and Tax by a friend who had used their services and recommended them to us. The strategies presented by Sid and his team were more thorough and backed up case studies and legal rulings - which gave us more confidence.
Adrian
Sid and his team are trustworthy and honest - they have guided our family through this complex process with a lot of patience. Unlike other firms, they did not try and push me into a "program" and took the time to tailor our plan to fit our exact goals.
Jennifer
Law and Tax have been instrumental in helping me and my business partners plan our business sale and succession with confidence. They have helped us deploy our mini family office and streamlining our law, tax, and finance strategies with other experts.
Ryan
The manner in which Sid and his team navigate this complex area is truly fascinating. In the very first meeting with them, it was obvious they are not in this line of work for the money. I was looking for someone obsessed with these topics and found a firm that is.
Daniel
The Next Steps
Whether you need a simple estate plan to get the basic protection or a robust Mini Family Office™ setup with an entire team of advisors, we can help you find or create what you are looking for. Here is a snapshot of how we can add immense value to you and your family in an organized and methodical way:
Step 1:
Schedule An Estate Evaluation And Tax Calculation Session Below
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IMPORTANT: LEGAL DISCLAIMER
The information contained on this page does not constitute legal, tax, of financial advice and is strictly for educational and entertainment purposes only. Please consult an attorney or advisor in your area to get a second opinion on legal matters. We are a consulting firm that houses attorneys, accountants, and other licensed professionals who who execute strategies for our clients. No attorney-client relationship is formed by scheduling a call, filling out forms, attending workshops, participating in the Hotline, or by sending us an email.